Seaborne iron ore prices fell on Monday February 3 amid fears of weakened demand caused by an expected slowdown in China's construction sector.
Fastmarkets iron ore indices
62% Fe fines, cfr Qingdao: $80.38 per tonne, down $4.56 per tonne.
62% Fe Pilbara Blend fines, cfr Qingdao: $79.42 per tonne, down $4.56 per tonne.
62% Fe low-alumina fines, cfr Qingdao: $81.61 per tonne, down $4.94 per tonne.
58% Fe fines high-premium, cfr Qingdao: $67.77 per tonne, down $3.83 per tonne.
65% Fe Brazil-origin fines, cfr Qingdao: $95.30, down $4.90 per tonne.
62% Fe fines, fot Qingdao: 646 yuan per wet metric tonne (implied 62% Fe China Port Price: $85.18...