Fastmarkets iron ore indices
62% Fe fines, cfr Qingdao: $175.96 per tonne, up $2.41 per tonne
62% Fe low-alumina fines, cfr Qingdao: $175.98 per tonne, up $1.98 per tonne
58% Fe fines high-grade premium, cfr Qingdao: $162.78 per tonne, up $3.57 per tonne
65% Fe Brazil-origin fines, cfr Qingdao: $200.00 per tonne, up $2.80 per tonne
62% Fe fines, fot Qingdao: 1,200 yuan per wet metric tonne (
implied 62% Fe China Port Price: $172.69 per dry tonne), up by 10 yuan per wmt
Key drivers
The most-traded May iron ore futures contract on the Dalian Commodity Exchange (DCE) surged after opening and at one point rested at a record high, but fluctuated down through the day, ending up by 2% from...
