IRON ORE DAILY: Prices up amid less shipments

February 11, 2021 / www.metalbulletin.com / Article Link

Iron ore prices gained again on Wednesday February 10 after fewer shipments to China helped support the market, sources told Fastmarkets.

Fastmarkets iron ore indices
62% Fe fines, cfr Qingdao: $166.90 per tonne, up $2.80 per tonne
62% Fe low-alumina fines, cfr Qingdao: $167.25 per tonne, up $2.79 per tonne
58% Fe fines high-grade premium, cfr Qingdao: $152.02 per tonne, up $2.56 per tonne
65% Fe Brazil-origin fines, cfr Qingdao: $190.50 per tonne, up $3.20 per tonne

62% Fe fines, fot Qingdao: 1,140 yuan per wet metric tonne (implied 62% Fe China Port Price: $165.08 per dry tonne), unchanged
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