Trading activity in the physical iron ore market was lackluster on Thursday June 21 with prices staying rangebound.
Metal Bulletin 62% Fe Iron Ore Index: $64.88 per tonne cfr Qingdao, down $0.61 per tonneMetal Bulletin 58% Fe Premium Index: $53.58 per tonne cfr Qingdao, down $0.03 per tonneMetal Bulletin 65% Fe Iron Ore Index: $87.70 per tonne cfr Qingdao, down $0.60 per tonneMetal Bulletin 62% Fe China Port Price Index: 461 yuan per wet tonne (implied 62% Fe China Port Price $62.08 per dry tonne), down 1 yuan per wet tonne Metal Bulletin 63% Fe Australian Lump Premium: $0.2300 per dry metric tonne unit, unchanged Key driversChina's ferrous futures picked up early in the morning but trended downward for the rest of...