Iron ore prices at ports in China softened on Thursday May 10 while those for seaborne cargoes picked up some strength.
Metal Bulletin 62% Fe Iron Ore Index: $66.83 per tonne cfr Qingdao, up by $0.37 per tonne Metal Bulletin 58% Fe Premium Index: $54.40 per tonne cfr Qingdao, up by $0.11 per tonne Metal Bulletin 65% Fe Iron Ore Index: $85.20 per tonne cfr Qingdao, unchangedMetal Bulletin 62% Fe China Port Price Index: 473 yuan per wet tonne (implied 62% Fe China Port Price $65.26 per dry tonne), down by 5 yuan per wet tonne Key driversChina's iron ore futures contract performed the worst in the ferrous segment during the day, a reversal of Wednesday when it outperformed the...