IRON ORE DAILY: Prices move up again on decrease in steel inventories

Iron ore prices began to rise again on Thursday December 24, sources said, supported by falling steel inventories in China.

Fastmarkets iron ore indices 
62% Fe fines, cfr Qingdao: $166.05 per tonne, up $4.02 per tonne
62% Fe low-alumina fines, cfr Qingdao: $167.30 per tonne, up $4.94 per tonne
58% Fe fines high-grade premium, cfr Qingdao: $154.25 per tonne, up $2.71 per tonne
65% Fe Brazil-origin fines, cfr Qingdao: $179.60 per tonne, up $3.90 per tonne

62% Fe fines, fot Qingdao: 1137 yuan per wet metric tonne (implied 62% Fe China Port Price: $162.13 per dry tonne), down by 10 yuan per...

Published

Zihao Yu

December 24, 2020

11:18 GMT

Singapore