Iron ore prices stayed rangebound on Friday July 13 amid continuing concerns about restrictions in China that are intended to reduce environmental emissions.
Metal Bulletin 62% Fe Iron Ore Index: $64.04 per tonne cfr Qingdao, down by $0.02 per tonneMetal Bulletin 62% Fe Pilbara Blend fines Index: $62.71 per tonne cfr Qingdao, down by $0.02 per tonneMetal Bulletin 58% Fe Premium Index: $52.03 per tonne cfr Qingdao, down by $0.05 per tonneMetal Bulletin 65% Fe Iron Ore Index: $91.30 per tonne cfr Qingdao, down by $0.20 per tonneMetal Bulletin 62% Fe China Port Price Index: 472 yuan per wet metric tonne (implied 62% Fe China Port Price $61.79 per dry tonne), up by 2 yuan per wmtKey driversChinese local media have reported more interim production restrictions, mainly on sintering and pellet-making, to reduce emissions in the steelmaking hub of Tangshan recently, although no official document has been seen.China's ferrous futures showed some gains in...