Fastmarkets iron ore indices
62% Fe fines, cfr Qingdao:
$124.20 per tonne, down $4.32 per tonne
62% Fe low-alumina fines, cfr Qingdao:
$124.40 per tonne, down $4.50 per tonne
58% Fe fines high-grade premium, cfr Qingdao:
$114.50 per tonne, down $3.52 per tonne
65% Fe Brazil-origin fines, cfr Qingdao:
$137.80 per tonne, down $5 per tonne
62% Fe fines, fot Qingdao:
937 yuan per wet metric tonne (implied 62% Fe China Port Price:
$128.20 per dry tonne), down by 24 yuan per wmt
The most-traded January iron ore futures contract on the Dalian Commodity Exchange (DCE) continued to slide at the start of the day and slumped further in afternoon trading to end the day down 3.7% compared with Tuesday’s closing price.
Iron ore swaps contracts on the Singapore Exchange (SGX) followed a similar...