Seaborne iron ore prices continued to slide on Wednesday April 10, while the seaborne spot market remained subdued with no open tenders being issued by the major miners.
MB 62% Fe Iron Ore Index: $94.61 per tonne cfr Qingdao, down $0.24 per tonne. MB 62% Fe Pilbara Blend Fines Index: $93.73 per tonne cfr Qingdao, down $0.24 per tonne. MB 62% Fe Iron Ore Index-Low Alumina: $96.57 per tonne cfr Qingdao, down $0.42 per tonne. MB 58% Fe Premium Index: $84.91 per tonne cfr Qingdao, down $1.04 per tonne. MB 65% Fe Iron Ore Index: $106.40 per tonne cfr Qingdao, down $0.10 per tonne.MB 62% Fe China Port Price Index: 680 yuan per wet metric tonne (implied 62% Fe China Port Price $92.88 per dry tonne), down 3 yuan per wmt. MB 63% Fe Australian Lump Premium: $0.3300 per dry metric tonne unit, up $0.0100 per dry metric tonne unit.Key driversSeaborne trading activity remained limited in the iron ore market on Wednesday, most likely due...