IRON ORE DAILY: Prices rangebound after reissuing of Tangshan restrictions

By July Zhang / September 05, 2018 / www.metalbulletin.com / Article Link

Iron ore prices were little changed on Wednesday September 5 following reports of steelmaking restriction plans for China's steelmaking hub of Tangshan being reissued.

Metal Bulletin 62% Fe Iron Ore Index: $66.79 per tonne cfr Qingdao, up by $0.17 per tonne.Metal Bulletin 62% Fe Pilbara Blend Fines Index: $65.82 per tonne cfr Qingdao, up by $0.17 per tonne.Metal Bulletin 62% Fe Iron Ore Index-Low Alumina: $72.10 per tonne cfr Qingdao, up by $0.15 per tonneMetal Bulletin 58% Fe Premium Index: $54.77 per tonne cfr Qingdao, up $0.14 per tonne.Metal Bulletin 65% Fe Iron Ore Index: $95.10 per tonne cfr Qingdao, unchanged.Metal Bulletin 62% Fe China Port Price Index: 506 yuan per wet metric tonne (implied 62% Fe China Port Price $65.08 per dry tonne), up 4 yuan per wmt.Key driversAfter being published and then withdrawn on Monday, the document outlining measures to cut emissions in September in north China's...

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