Iron ore prices were generally little changed on Thursday May 9, while the low-alumina Yandi fines traded actively at stronger prices.
MB 62% Fe Iron Ore Index: $95.38 per tonne cfr Qingdao, down $0.19 per tonne. MB 62% Fe Pilbara Blend Fines Index: $94.06 per tonne cfr Qingdao, down $0.19 per tonne. MB 62% Fe Iron Ore Index-Low Alumina: $98.23 per tonne cfr Qingdao, down $0.06 per tonne. MB 58% Fe Premium Index: $86.50 per tonne cfr Qingdao, up $0.35 per tonne. MB 65% Fe Iron Ore Index: $109.80 per tonne cfr Qingdao, unchanged.MB 62% Fe China Port Price Index: 682 yuan per wet metric tonne (implied 62% Fe China Port Price $92.22 per dry tonne), down 2 yuan per wet metric tonne.Key driversChina's iron ore futures sank on Wednesday May 8 night but have largely trended upward since, ending Thursday's trading slightly higher.The country's spot rebar and hot-rolled coil prices weakened by 10-30 yuan ($1.50-4.40) per tonne in the day however, amid concerns...