Iron ore prices ease slightly despite stable market sentiment

Seaborne iron ore prices eased slightly on Tuesday November 30 despite calmer market sentiment, sources told Fastmarkets.

Fastmarkets iron ore indices
62% Fe fines, cfr Qingdao: $102.39 per tonne, down $0.88 per tonne
62% Fe low-alumina fines, cfr Qingdao: $103.01 per tonne, down $0.95 per tonne
58% Fe fines high-grade premium, cfr Qingdao: $74.83 per tonne, down $0.69 per tonne
65% Fe Brazil-origin fines, cfr Qingdao: $116.90 per tonne, down $1 per tonne
63% Fe Australia-origin lump ore premium, cfr Qingdao: $0.1200 per dry metric tonne unit (dmtu), down $0.0150 per dmtu
62% Fe fines, fot Qingdao: 675 yuan per wet metric tonne (implied 62% Fe China Port Price: $96.79 per dry tonne), down by 8 yuan per wmt

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Published

Alex Theo

November 30, 2021

11:21 GMT

Singapore