IRON ORE DAILY: Prices rangebound on subdued market

By July Zhang / June 11, 2018 / www.metalbulletin.com / Article Link

Physical iron ore prices were rangebound amid lackluster trading activity on Monday June 11.

Metal Bulletin 62% Fe Iron Ore Index: $66.75 per tonne cfr Qingdao, down by $0.69 per tonneMetal Bulletin 58% Fe Premium Index: $53.84 per tonne cfr Qingdao, down by $0.22 per tonneMetal Bulletin 65% Fe Iron Ore Index: $88.40 per tonne cfr Qingdao, up by $0.50 per tonneMetal Bulletin 62% Fe China Port Price Index: 472 yuan per wet tonne (implied 62% Fe China Port Price $64.64 per dry tonne), up by 4 yuan per wet tonne Key driversChina's steel and iron ore futures trended upward for the...

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