Additional pollution-trimming measures in China lent support to growing demand for iron ore lump and pellets on Thursday June 14.
Metal Bulletin 62% Fe Iron Ore Index: $68.49 per tonne cfr Qingdao, up by $1.47 per tonneMetal Bulletin 58% Fe Premium Index: $54.19 per tonne cfr Qingdao, unchangedMetal Bulletin 65% Fe Iron Ore Index: $89 per tonne cfr Qingdao, up by $0.50 per tonneMetal Bulletin 62% Fe China Port Price Index: 481 yuan per wet tonne (implied 62% Fe China Port Price $65.99 per dry tonne), up by 3 yuan per wet tonne Metal Bulletin 63% Fe Australian Lump Premium: $0.2300 per dry metric tonne unit, unchangedKey driversLocal authorities in north China's steelmaking hub of Tangshan city initiated another emergency response to air pollution on Thursday. Measures include a 50-100% stoppage to iron ore sintering and pellet-making operations from 3pm local time on Thursday June 14 to 12pm on Sunday June 17, with a 50% production...