Physical iron ore prices were mixed on Monday December 17 after a jump above $70 per tonne cfr China last Friday.
MB 62% Fe Iron Ore Index: $70.74 per tonne cfr Qingdao, down $0.27 per tonne.MB 62% Fe Pilbara Blend Fines Index: $70.27 per tonne cfr Qingdao, down $0.27 per tonne.MB 62% Fe Iron Ore Index-Low Alumina: $72.04 per tonne cfr Qingdao, down $0.13 per tonne.MB 58% Fe Premium Index: $63.67 per tonne cfr Qingdao, up $1.47 per tonne.MB 65% Fe Iron Ore Index: $85.30 per tonne cfr Qingdao, unchanged.MB 62% Fe China Port Price Index: 547 yuan per wet metric tonne (implied 62% Fe China Port Price $70.04 per dry tonne), up 3 yuan per wmt.MB 63% Fe Australian Lump Premium: $0.37 per dry metric tonne unit (dmtu), up $0.01 per dmtu.Key driversChina's steel and iron ore futures strengthened in the night session last Friday, but the benchmark contracts of...