IRON ORE DAILY: High-grade fines, lumps remain in limelight

By July Zhang / June 22, 2018 / www.metalbulletin.com / Article Link

High-grade fines and lumps continued to outperform other types of materials in the iron ore market on Friday June 22.

Metal Bulletin 62% Fe Iron Ore Index: $65.34 per tonne cfr Qingdao, up $0.46 per tonneMetal Bulletin 58% Fe Premium Index: $53.57 per tonne cfr Qingdao, down $0.01 per tonneMetal Bulletin 65% Fe Iron Ore Index: $89.60 per tonne cfr Qingdao, up $1.90 per tonneMetal Bulletin 62% Fe China Port Price Index: 463 yuan per wet tonne (implied 62% Fe China Port Price $62.37 per dry tonne), up 2 yuan per wet tonne Metal Bulletin 63% Fe Australian Lump Premium: $0.2400 per dry metric tonne unit, up $0.01 per dry metric tonne unit  Key driversWhile a seaborne tender for Pilbara Blend fines was concluded at a price that was...

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