IRON ORE DAILY: Lump prices perform amid emissions restrictions

Iron ore prices mostly decreased on Tuesday April 13 while iron ore lump gained on demand for direct-charge materials under emissions restrictions, sources said

Fastmarkets iron ore indices
62% Fe fines, cfr Qingdao: $173.25 per tonne, down $1.32 per tonne
62% Fe low-alumina fines, cfr Qingdao: $174.13 per tonne, down $0.72 per tonne
58% Fe fines high-grade premium, cfr Qingdao: $155.23 per tonne, down $1.11 per tonne
65% Fe Brazil-origin fines, cfr Qingdao: $205.20 per tonne, down $0.70 per tonne
63% Fe Australia-origin lump ore premium, cfr Qingdao: $0.5750 per dry metric tonne unit (dmtu), up $0.0300 per dmtu
62% Fe fines, fot Qingdao: 1,166 yuan per wet metric tonne (implied 62% Fe China Port Price: $166.04 per dry tonne), down by 2 yuan per wmt
Key drivers

The most-traded September iron ore futures contract on the Dalian Commodity Exchange (DCE) was largely flat before ending the day up by 0.8% from Monday’s close of 1,014 yuan ($155) per tonne....

Published

Zihao Yu

April 13, 2021

11:12 GMT

Singapore