IRON ORE DAILY: 62% Fe index falls below $100 per tonne

Iron ore prices moved down on Monday September 20, with Fastmarkets’ index for iron ore 62% Fe fines, cfr Qingdao falling below $100 per tonne for the first time in 14 months.

Fastmarkets iron ore indices
62% Fe fines, cfr Qingdao: $92.98 per tonne, down $8.97 per tonne
62% Fe low-alumina fines, cfr Qingdao: $94.07 per tonne, down $9.88 per tonne
58% Fe fines high-grade premium, cfr Qingdao: $64.73 per tonne, down $8.79 per tonne
65% Fe Brazil-origin fines, cfr Qingdao: $117.60 per tonne, down $9.90 per tonne
63% Fe Australia-origin lump ore premium, cfr Qingdao: $0.0150 per dry metric tonne unit (dmtu), down $0.0050 per dmtu

62% Fe fines, fot Qingdao: 742 yuan per wet metric tonne (implied 62% Fe China Port Price: $105.51...

Published

Zihao Yu

September 20, 2021

11:31 GMT

Singapore