Fastmarkets iron ore indices
62% Fe fines, cfr Qingdao: $174.55 per tonne, down $1.23 per tonne
62% Fe low-alumina fines, cfr Qingdao: $174.96 per tonne, down $1.31 per tonne
58% Fe fines high-grade premium, cfr Qingdao: $160.09 per tonne, down $1.65 per tonne
65% Fe Brazil-origin fines, cfr Qingdao: $198.00 per tonne, down $1.40 per tonne
62% Fe fines, fot Qingdao: 1175 yuan per wet metric tonne (
implied 62% Fe China Port Price: $169.27 per dry tonne), down by 20 yuan per wmt
Key drivers
The most-traded May iron ore futures contract on the Dalian Commodity Exchange (DCE) increased sharply...