The seaborne iron ore market remained rangebound on Friday June 29, with demand still concentrated on high-grade fines and lump.
Metal Bulletin 62% Fe Iron Ore Index: $65.02 per tonne cfr Qingdao, up $0.58 per tonne Metal Bulletin 62% Fe Pilbara Blend fines: $63.95 per tonne cfr Qingdao, up $0.55 per tonneMetal Bulletin 58% Fe Premium Index: $51.50 per tonne cfr Qingdao, down $0.52 per tonne Metal Bulletin 65% Fe Iron Ore Index: $91.70 per tonne cfr Qingdao, up $0.60 per tonne Metal Bulletin 62% Fe China Port Price Index: 470 yuan per wet tonne (implied 62% Fe China Port Price $62.25 per dry tonne), up 5 yuan per wet tonne Metal Bulletin 63% Fe Australian Lump Premium: $0.3200 per dry metric tonne unit, up $0.0200 per dry metric tonne unit Key drivers The main focus at Chinese mills is on products of good quality and that are environmental friendly,...