Most iron ore market participants stayed away on Friday April 27 to cut their risk ahead of a 4-day trading break in China due to a public holiday over the first two days of next week.
Metal Bulletin 62% Fe Iron Ore Index: $65.68 per tonne cfr Qingdao, down by $0.60 per tonneMetal Bulletin 58% Fe Premium Index: $55.48 per tonne cfr Qingdao, down by $0.42 per tonneMetal Bulletin 65% Fe Iron Ore Index: $84.20 per tonne cfr Qingdao, down by $0.40 per tonneMetal Bulletin 62% Fe China Port Price Index: 474 yuan per wet tonne (implied 62% Fe China Port Price $64.98 per dry tonne), down by 1 yuan per wet tonne Key driversChina's benchmark iron ore futures...