Low-alumina Brazilian iron ore remained strongly priced on Friday July 6 while higher-alumina Australian products were traded at wider discounts.
Metal Bulletin 62% Fe Iron Ore Index: $63.84 per tonne cfr Qingdao, up $0.70 per tonneMetal Bulletin 62% Fe Pilbara Blend fines Index: $62.22 per tonne cfr Qingdao, up $0.31 per tonneMetal Bulletin 58% Fe Premium Index: $51.52 per tonne cfr Qingdao, down $0.03 per tonneMetal Bulletin 65% Fe Iron Ore Index: $91.50 per tonne cfr Qingdao, down $0.10 per tonneMetal Bulletin 62% Fe China Port Price Index: 465 yuan per wet metric tonne (implied 62% Fe China Port Price $61.26 per dry tonne), up 2 yuan per wmtKey driversIndex-linked Capesize cargoes of Pilbara Blend fines have recently traded at a discount of $1 per tonne in the spot market and an offer was even made at a discount of $1.10 per tonne during the day, according to sources.This compared...