The seaborne iron ore market was largely unchanged on Monday April 9 amid stable billet prices over an extended weekend in China.
Metal Bulletin 62% Fe Iron Ore Index: $63.95 per tonne cfr Qingdao, up by $0.38 per tonneMetal Bulletin 58% Fe Premium Index: $52.21 per tonne cfr Qingdao, up by $0.42 per tonneMetal Bulletin 65% Fe Iron Ore Index: $81.70 per tonne cfr Qingdao, up by $1 per tonneMetal Bulletin 62% Fe China Port Price Index: 454 yuan per wet tonne (implied 62% Fe China Port Price $62.37 per dry tonne), down 13 yuan per tonneKey drivers China's billet market experienced some stability over a two-day holiday in the country for the...