The seaborne iron ore concentrate market continued to fall on Monday March 26 in line with sharp dips in the fines market, with the trade tensions between the United States and China affecting general market confidence.
The weekly Metal Bulletin 66% Fe Iron Ore Concentrate Index was $88.19 per tonne cfr China on March 23. This was down by $6.45 per tonne, or 6.8%, from a week earlier.The daily Metal Bulletin 65% Fe Iron Ore Index averaged $83.06 per tonne cfr China last week. This was down by $4.06 per tonne, or 4.70%, from the preceding week's average of $87.12 per tonne cfr China.Market confidence was shaken last...