The seaborne iron ore concentrate market slowed down last week amid reduced trading activity and a slight drop in premiums.
The weekly Metal Bulletin 66% Fe Iron Ore Concentrate Index was at $87.88 per tonne cfr China last Friday April 21, down $1.39 per tonne - or 1.5% - from a week earlier. The daily Metal Bulletin 65% Fe Iron Ore Index averaged $83.66 per tonne cfr China over the week, up $1.66 per tonne - or 2% - from the preceding week's average of $82 per tonne cfr China. Trading slowed last week after a flurry of buying a week earlier...