IRON ORE DAILY: Seaborne market quiet with limited trading activity

Iron ore prices were mostly stable on Friday April 9 due to weak liquidity in the seaborne market and a downtrend in steel prices, sources said.

Fastmarkets iron ore indices
62% Fe fines, cfr Qingdao: $173.54 per tonne, up $0.44 per tonne
62% Fe low-alumina fines, cfr Qingdao: $174.01 per tonne, up $0.30 per tonne
58% Fe fines high-grade premium, cfr Qingdao: $154.47 per tonne, down $0.31 per tonne
65% Fe Brazil-origin fines, cfr Qingdao: $203.10 per tonne, up $0.50 per tonne

62% Fe fines, fot Qingdao: 1,155 yuan per wet metric tonne (implied 62% Fe China Port Price: $164.45 per dry tonne), up by 11 yuan per wmt
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