IRON ORE DAILY: BHP releases results, expects Chinese demand to ease

February 17, 2021 / www.metalbulletin.com / Article Link

BHP released its results for the first half of its 2021 financial year on Tuesday February 16, while seaborne iron ore prices remained flat.

Fastmarkets iron ore indices
62% Fe fines, cfr Qingdao: $166.88 per tonne, unchanged
62% Fe low-alumina fines, cfr Qingdao: $167.25 per tonne, unchanged
58% Fe fines high-grade premium, cfr Qingdao: $152.66 per tonne, unchanged
65% Fe Brazil-origin fines, cfr Qingdao: $190.20 per tonne, unchanged
62% Fe fines, fot Qingdao: 1,140 yuan per wet metric tonne (implied 62% Fe China Port Price: $164.55 per dry tonne), unchanged
Key drivers

BHP believes that the current...

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