Most seaborne iron ore prices showed marginal falls on Monday April 27, with cargoes available on the market but only high-quality Brazil fines seeing a rise in prices.
Fastmarkets iron ore indices
62% Fe fines, cfr Qingdao: $83.48 per tonne, down by $0.87 per tonne.
62% Fe low-alumina fines, cfr Qingdao: $85.50 per tonne, down by $0.59 per tonne.
58% Fe fines high-grade premium, cfr Qingdao: $72.47 per tonne, by down $0.53 per tonne.
65% Fe Brazil-origin fines, cfr Qingdao: $102.10 per tonne, up by $0.70 per tonne.
62% Fe fines, fot Qingdao: 668 yuan per wet metric tonne (
implied 62% Fe China Port Price: $86.47 per dry tonne), down by 3 yuan per wmt.
Key drivers
There were sufficient cargoes with May or June delivery being offered by Japanese mills and...