Physical iron ore prices rose on Tuesday October 8 on likely easing production restrictions in north China.
Fastmarkets iron ore indices 62% Fe fines, cfr Qingdao: $94.77 per tonne, up $1.39 per tonne. 62% Fe Pilbara Blend Fines, cfr Qingdao: $94.05 per tonne, up $1.14 per tonne.62% Fe low-alumina fines, cfr Qingdao: $93.50 per tonne, up $1.78 per tonne. 58% Fe fines high-premium, cfr Qingdao: $83.09 per tonne, up $0.81 per tonne.65% Fe Brazil-origin fines, cfr Qingdao: $100.70 per tonne, up $0.30 per tonne.62% Fe fines. Fot Qingdao: 759 yuan per wet metric tonne (implied 62% Fe China Port Price $97.74 per dry tonne), up 20 yuan per wet metric tonne.Key drivers Production restrictions in the steelmaking hub of Tangshan in north China are likely be eased after the...