IRON ORE DAILY: Seaborne market quiet amid news of Tangshan restrictions, industry conference

By July Zhang / September 19, 2018 / www.metalbulletin.com / Article Link

Seaborne iron ore trading almost came to a halt on Wednesday September 19 with participants heading to a key industry conference in China, while a plan for steelmaking restrictions in Tangshan was finalized.

Metal Bulletin 62% Fe Iron Ore Index: $69.46 per tonne cfr Qingdao, down by $0.36 per tonne.Metal Bulletin 62% Fe Pilbara Blend Fines Index: $68.49 per tonne cfr Qingdao, down by $0.36 per tonne.Metal Bulletin 62% Fe Iron Ore Index, Low Alumina: $75.27 per tonne cfr Qingdao, down by $0.13 per tonneMetal Bulletin 58% Fe Premium Index: $56.13 per tonne cfr Qingdao, up by $0.06 per tonne.Metal Bulletin 65% Fe Iron Ore Index: $96.60 per tonne cfr Qingdao, up by $0.10 per tonne.Metal Bulletin 62% Fe China Port Price Index: 516 yuan per wet metric tonne (implied 62% Fe China Port Price $66.36 per dry tonne), up by 2 yuan per wmt.Key driversThere were...

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