IRON ORE DAILY: Seaborne prices ease amid sintering and emissions restrictions

Iron ore prices eased on Monday July 19 amid weaker market sentiment caused by restrictions on sintering and emissions imposed on mills in the steelmaking hub of Tangshan, sources said.

Fastmarkets iron ore indices
62% Fe fines, cfr Qingdao: $221.04 per tonne, down $0.39 per tonne
62% Fe low-alumina fines, cfr Qingdao: $223.02 per tonne, down $0.37 per tonne
58% Fe fines high-grade premium, cfr Qingdao: $182.27 per tonne, up $0.70 per tonne
65% Fe Brazil-origin fines, cfr Qingdao: $255.90 per tonne, down $0.90 per tonne
62% Fe fines, fot Qingdao: 1,484 yuan per wet metric tonne (implied 62% Fe China Port Price: $214.61 per dry tonne), down by 19 yuan per wmt
63% Fe Australia-origin lump ore premium, cfr Qingdao: $0.5250 per dry metric tonne unit (dmtu), down $0.0100 per dmtu.

Key...

Published

Alex Theo

July 19, 2021

11:32 GMT

Singapore