Prices and trading activity in the physical iron ore market faltered on Friday April 20 after surging a day earlier.
Metal Bulletin 62% Fe Iron Ore Index: $67.09 per tonne cfr Qingdao, down by $1.39 per tonneMetal Bulletin 58% Fe Premium Index: $55.68 per tonne cfr Qingdao, up by $0.76 per tonneMetal Bulletin 65% Fe Iron Ore Index: $84.90 per tonne cfr Qingdao, down by $1.60 per tonneMetal Bulletin 62% Fe China Port Price Index: 473 yuan per wet tonne (implied 62% Fe China Port Price $65.28 per dry tonne), down by 3 yuan per wet tonne Key driversChina's ferrous futures...