Strong steel demand and supply concerns following a landslide at Vale's C??rrego do Feij??o mine boosted iron ore futures price on Monday December 21, with the bullish sentiment pushing Fastmarkets' iron ore indices for 62% Fe low-alumina fines, cfr Qingdao and 65% Fe Brazil-origin fines, cfr Qingdao to new record highs.
Fastmarkets iron ore indicesAlthough the largest open interest in iron ore futures contracts on the Dalian Commodity Exchange remains in the May contract, the most-traded changed to the February contract,...