Fastmarkets iron ore indices
62% Fe fines, cfr Qingdao:
$121.27 per tonne, up by $3.17 per tonne.
62% Fe low-alumina fines, cfr Qingdao:
$121.18 per tonne, up by $2.84 per tonne.
58% Fe fines high-grade premium, cfr Qingdao:
$105.68 per tonne, up by $2.53 per tonne.
65% Fe Brazil-origin fines, cfr Qingdao:
$128.40 per tonne, up by $1.30 per tonne.
62% Fe fines, fot Qingdao:
913 yuan per wet metric tonne (implied 62% Fe China Port Price:
$121.80 per dry tonne), up by 13 yuan per wmt
Construction activity in parts of eastern China has resumed after the de-escalation of Typhoon Hagupit, prompting a rise in demand for rebar
There was still good demand for iron ore among steelmakers because of the continued ramp-up of steel products output, according to trade sources.
Meanwhile, in Chinese iron ore futures, the...