Physical iron ore traded at much higher prices on Thursday April 19 following a surge in the paper market.
Metal Bulletin 62% Fe Iron Ore Index: $68.45 per tonne cfr Qingdao, up by $2.57 per tonneMetal Bulletin 58% Fe Premium Index: $54.92 per tonne cfr Qingdao, up by $1.82 per tonneMetal Bulletin 65% Fe Iron Ore Index: $86.50 per tonne cfr Qingdao, up by $2.60 per tonneMetal Bulletin 62% Fe China Port Price Index: 476 yuan per wet tonne (implied 62% Fe China Port Price $65.83 per dry tonne), up by 17 yuan per wet tonne ...