Iron ore prices pushed up on Thursday June 3, supported by rising steel and coke values, sources said.
Fastmarkets iron ore indices
62% Fe fines, cfr Qingdao: $210.99 per tonne, up $1.80 per tonne
62% Fe low-alumina fines, cfr Qingdao: $212.81 per tonne, up $1.31 per tonne
58% Fe fines high-grade premium, cfr Qingdao: $184.58 per tonne, up $2.28 per tonne
65% Fe Brazil-origin fines, cfr Qingdao: $241.20 per tonne, up $1.20 per tonne
62% Fe fines, fot Qingdao: 1,460 yuan per wet metric tonne (
implied 62% Fe China Port Price: $214.46 per dry tonne), up by 13 yuan per wmt
63% Fe Australia-origin lump ore premium, cfr Qingdao: $0.6700 per dry metric tonne unit (dmtu), up $0.1850 per dmtu.
Key drivers
The most-traded September iron ore futures contract on the Dalian Commodity Exchange (DCE) surged during the morning trading session, but started to ease towards the close...