IRON ORE DAILY: Firm downstream demand, outlook support seaborne market

Seaborne iron ore prices continued on an uptrend on Monday November 30, supported by strong demand for steel products.

Fastmarkets iron ore indices
62% Fe fines, cfr Qingdao: $131.63 per tonne, up $2.01 per tonne
62% Fe low-alumina fines, cfr Qingdao: $131.39 per tonne, up $1.55 per tonne
58% Fe fines high-grade premium, cfr Qingdao: $123.12 per tonne, up $1.74 per tonne
65% Fe Brazil-origin fines, cfr Qingdao: $143.10 per tonne, up $1.50 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: 916 yuan per...

Published

Alex Theo

November 30, 2020

11:24 GMT

Singapore