IRON ORE DAILY: Seaborne prices fall after high port inventories weaken sentiment

Seaborne iron ore prices fell sharply on Friday October 23 amid high inventories at Chinese ports that signaled weak demand, according to sources.

Fastmarkets iron ore indices
62% Fe fines, cfr Qingdao: $115.60 per tonne, down $4.31 per tonne

62% Fe low-alumina fines, cfr Qingdao: $115.70 per tonne, down $4.29 per...

Published

Alex Theo

October 23, 2020

11:11 GMT

Singapore