Seaborne iron ore concentrate market softened last week, albeit at a slow rate of decline than prices for fines.
The weekly Metal Bulletin 66% Fe Iron Ore Concentrate Index was $94.64 per tonne cfr China last Friday March 16, down $2.93 per tonne - or 3% - compared with a week earlier. The daily Metal Bulletin 65% Fe Iron Ore Index averaged $87.12 per tonne cfr China last week, down $3.70 per tonne - or 4% - from the preceding week's average of $90.82 per tonne cfr China. A 140,000-tonne cargo of 67% Fe...