Fastmarkets iron ore indices
62% Fe fines, cfr Qingdao
: $110.57 per tonne, up $3.91 per tonne.
62% Fe low-alumina fines, cfr Qingdao
: $112.98 per tonne, up $3.19 per tonne.
58% Fe fines high-grade premium, cfr Qingdao
: $97.41 per tonne, up $1.86 per tonne.
65% Fe Brazil-origin fines, cfr Qingdao
: $122.50 per tonne, up $3.10 per tonne.
63% Fe Australia-origin lump ore premium, cfr Qingdao
: $0.0650 per dry metric tonne unit (dmtu), up $0.0050 per dmtu
62% Fe fines, fot Qingdao
: 859 yuan per wet metric tonne (implied 62% Fe China Port Price
: $113.56 per dry tonne), up by 6 yuan per wmt
There was active trading on both Globalore and Beijing Iron Ore Trading Center platforms, signaling increased demand for iron ore fines, according to trade sources.
“Looks like demand for [iron ore] fines is healthy...