Seaborne iron ore prices edged down on Thursday September 23, with concerns over demand growing due to China's steel production curbs, sources said.
Fastmarkets iron ore indices
62% Fe fines, cfr Qingdao: $108.67 per tonne, down $0.03 per tonne
62% Fe low-alumina fines, cfr Qingdao: $109.38 per tonne, down $1.27 per tonne
58% Fe fines high-grade premium, cfr Qingdao: $79.54 per tonne, up $3.29 per tonne
65% Fe Brazil-origin fines, cfr Qingdao: $134.60 per tonne, up $3.70 per tonne
63% Fe Australia-origin lump ore premium, cfr Qingdao: $0.0100 per dry metric tonne unit (dmtu), down $0.0050 per dmtu
62% Fe fines, fot Qingdao: 785 yuan per wet metric tonne (
implied 62% Fe China Port Price: $111.92 per dry tonne), up by 12 yuan per wmt
Key drivers
The most-traded January iron ore futures contract on the Dalian Commodity Exchange (DCE) stayed largely stable on an upward trend but...