The seaborne iron ore concentrate market saw limited activity in the week ended Thursday March 29, with some sellers offering lower premiums to entice business.
The weekly Metal Bulletin 66% Fe Iron Ore Concentrate Index was at $86.64 per tonne cfr China on Thursday, down by $1.55 per tonne or 1.8% from a week earlier. The daily Metal Bulletin 65% Fe Iron Ore Index averaged $80.68 per tonne cfr China this week. This was down by $2.38 per tonne, or 2.9%, from the preceding week's average of $83.06 per tonne cfr China. The concentrate market did not see much trading...