Fastmarkets iron ore indices
62% Fe fines, cfr Qingdao
: $117.61 per tonne, up $1.46 per tonne.
62% Fe low-alumina fines, cfr Qingdao
: $117.89 per tonne, up $1.74 per tonne.
58% Fe fines high-grade premium, cfr Qingdao
: $108.59 per tonne, up $1.84 per tonne.
65% Fe Brazil-origin fines, cfr Qingdao
: $129.50 per tonne, up $1.00 per tonne.
63% Fe Australia-origin lump ore premium, cfr Qingdao
: $0.0800 per dry metric tonne unit (dmtu), up $0.0300 per dmtu.
62% Fe fines, fot Qingdao
: 906 yuan per wet metric tonne (implied 62% Fe China Port Price
: $123.17 per dry tonne), up by 9 yuan per wmt
There was talk among market participants that sintering restrictions were likely to be eased in October, which might prompt a return in demand for iron ore.
Stricter restrictions have been in place in the steelmaking...