Seaborne iron ore concentrates and pellet transactions were limited in the week to Friday June 5 after prices surged in the wake of higher iron ore fines values.
Fastmarkets' index for iron ore 66% Fe concentrate, cfr Qingdao, stood at $112.63 per tonne on June 5, up $6.31 per tonne from $106.32 per tonne a week earlier.Some traders said that, despite the iron ore concentrates still trading at discount...