Demand weakness pressures iron ore prices

Seaborne iron ore prices dropped sharply on Friday November 26 amid weak iron ore demand expectations due to narrowing steel margins, sources said.

Fastmarkets iron ore indices
62% Fe fines, cfr Qingdao: $96.67 per tonne, down $5.68 per tonne

62% Fe low-alumina fines, cfr Qingdao: $97.56 per tonne, down $5.80 per...

Published

Alice Li

November 26, 2021

11:45 GMT

Shanghai