Seaborne iron ore prices were down on Tuesday October 29 amid market uncertainty about demand levels in winter.
Fastmarkets iron ore indices62% Fe fines, cfr Qingdao: $86.64 per tonne, down $1.34 per tonne.62% Fe Pilbara Blend fines, cfr Qingdao: $86.46 per tonne, down $1.34 per tonne.62% Fe low-alumina fines, cfr Qingdao: $85.25 per tonne, down $1.40 per tonne.58% Fe fines high-premium, cfr Qingdao: $76.80 per tonne, down $1.17 per tonne.65% Fe Brazil-origin fines, cfr Qingdao: $94.90 per tonne, down $1.60 per tonne.62% Fe fines, fot Qingdao: 673 yuan per wet metric tonne (implied 62% Fe China Port Price, $87.30 per dry tonne), down 18 yuan per wmt.63% Fe Australia-origin lump ore premium, cfr Qingdao: $0.1950 per dry metric tonne unit, down $0.0350 per dmtu.Key driversChinese benchmark January iron ore futures trended downward for most of the Tuesday trading session, ending about 0.8% lower compared...