IRON ORE DAILY: Seaborne iron ore continues uptrend with steel prices

Seaborne iron ore prices remained bullish on Tuesday May 19 with solid increases in steel prices and strong transaction volumes for steel products.

Fastmarkets iron ore indices
62% Fe fines, cfr Qingdao: $98.36 per tonne, up by $1.52 per tonne.
62% Fe low-alumina fines, cfr Qingdao: $100.99 per tonne, up by $1.46 per tonne.
58% Fe fines high-grade premium, cfr Qingdao: $86.01 per tonne, up by $3.45 per tonne.
65% Fe Brazil-origin fines, cfr Qingdao: $114.90 per tonne, up by $1.50 per tonne.

62% Fe fines, fot Qingdao: 733 yuan per wet metric tonne (implied 62% Fe China Port Price: $94.85...

Gold and silver price ETFs see major net outflows

Gold stocks decline by less than metal price

A shift to the later stages of gold and silver bull markets

Gold stocks plunge on metal drop

Gold stocks still up after pullback late in the week