IRON ORE DAILY: Seaborne prices fall after futures retreat

By July Zhang / April 24, 2018 / www.metalbulletin.com / Article Link

Seaborne iron ore prices fell on Tuesday April 24, in line with a decline in the paper market.

Metal Bulletin 62% Fe Iron Ore Index: $67.26 per tonne cfr Qingdao, down by $0.41 per tonneMetal Bulletin 58% Fe Premium Index: $56.08 per tonne cfr Qingdao, up by $0.10 per tonneMetal Bulletin 65% Fe Iron Ore Index: $85.30 per tonne cfr Qingdao, down by $0.30 per tonneMetal Bulletin 62% Fe China Port Price Index: 483 yuan per wet tonne (implied 62% Fe China Port Price $66.64 per dry tonne), up by 2 yuan per wet tonne Key driversChina's ferrous futures largely trended up in the morning, but they dropped in the afternoon, with the...

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