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
...

Market sees gold sector nearing full value overall after target upgrades

Gold stocks gain even as metal pulls back

Gold stocks rocket to new highs, valuations no longer inexpensive

Tariff issue caused by potential definition change of traded gold bars

US BLS head removed after revisions to employment data