Iron ore prices rose amid more active steelmakers at the Chinese portside because of re-stocking inventories, sources said on Tuesday March 23.
Fastmarkets iron ore indices
62% Fe fines, cfr Qingdao: $161.80 per tonne, up $4.79 per tonne
62% Fe low-alumina fines, cfr Qingdao: $162.00 per tonne, up $4.88 per tonne
58% Fe fines high-grade premium, cfr Qingdao: $146.17 per tonne, up $3.09 per tonne
65% Fe Brazil-origin fines, cfr Qingdao: $188.30 per tonne, up $4.30 per tonne
62% Fe fines, fot Qingdao: 1116 yuan per wet metric tonne (
implied 62% Fe China Port Price: $159.65 per dry tonne), up by 4 yuan per wmt
63% Fe Australia-origin lump ore premium, cfr Qingdao: $0.53 per dry metric tonne unit (dmtu), up...