Iron ore prices were largely down on Thursday October 21, following the bearish mood in terms of steel prices and demand, sources said.
Fastmarkets iron ore indices
62% Fe fines, cfr Qingdao: $116.93 per tonne,down $7.14 per tonne
62% Fe low-alumina fines, cfr Qingdao: $118.68 per tonne,down $6.53 per tonne
58% Fe fines high-grade premium, cfr Qingdao: $88.98 per tonne,down $5.99 per tonne
65% Fe Brazil-origin fines, cfr Qingdao: $141.80 per tonne,down $5.20 per tonne
63% Fe Australia-origin lump ore premium, cfr Qingdao: $0.2100 per dry metric tonne unit (dmtu), unchanged
62% Fe fines, fot Qingdao: 868 yuan per wet metric tonne (
implied 62% Fe China Port Price: $125.65 per dry tonne), down by 25 yuan per wmt
Key drivers
The most-traded January iron ore futures contract on the Dalian Commodity Exchange (DCE)...