Seaborne iron ore prices outperformed portside values on Tuesday April 17.
Metal Bulletin 62% Fe Iron Ore Index: $64.51 per tonne cfr Qingdao, up by $0.58 per tonneMetal Bulletin 58% Fe Premium Index: $52.22 per tonne cfr Qingdao, up by $0.13 per tonneMetal Bulletin 65% Fe Iron Ore Index: $82 per tonne cfr Qingdao, up by $1 per tonneMetal Bulletin 62% Fe China Port Price Index: 458 yuan per wet tonne (implied 62% Fe China Port Price $63.19 per dry tonne), down by 3 yuan per wet tonne Key driversChina's ferrous futures largely moved up in the morning, but then retreated in the afternoon, with the benchmark iron ore contract ending a bit higher than the preceding day's close.While two seaborne iron ore tenders for Pilbara Blend fines were concluded at $63.33 per tonne cfr China, up $0.51 per...