IRON ORE DAILY: Prices move up again on decrease in steel inventories

December 25, 2020 / www.metalbulletin.com / Article Link

Iron ore prices began to rise again on Thursday December 24, sources said, supported by falling steel inventories in China.

Fastmarkets iron ore indices 
62% Fe fines, cfr Qingdao: $166.05 per tonne, up $4.02 per tonne
62% Fe low-alumina fines, cfr Qingdao: $167.30 per tonne, up $4.94 per tonne
58% Fe fines high-grade premium, cfr Qingdao: $154.25 per tonne, up $2.71 per tonne
65% Fe Brazil-origin fines, cfr Qingdao: $179.60 per tonne, up $3.90 per tonne

62% Fe fines, fot Qingdao: 1137 yuan per wet metric tonne (implied 62% Fe China Port Price: $162.13 per dry tonne), down by 10 yuan per...

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