Seaborne iron ore prices experienced a slight uptick on Thursday December 19 amid ferrous futures gains in China.
Fastmarkets iron ore indices
62% Fe fines, cfr Qingdao: $93.77 per tonne, up $0.57 per tonne.
62% Fe Pilbara Blend fines, cfr Qingdao: $92.86 per tonne, up $0.57 per tonne.
62% Fe low-alumina fines, cfr Qingdao: $93.66 per tonne, up $0.54 per tonne.
58% Fe fines high-premium, cfr Qingdao: $80.95 per tonne, up $0.73 per tonne.
65% Fe Brazil-origin fines, cfr Qingdao: $104.50 per tonne, up $0.80 per tonne.
62% Fe fines, fot Qingdao: 680 yuan per wet metric tonne (
implied 62% Fe China Port Price: $89.07 per dry tonne), up 3 yuan per wet metric tonne.
63% Fe Australia-origin lump ore premium, cfr Qingdao: $0.2500 per dry metric tonne unit, down $0.0100 per dmtu
Key drivers
The benchmark May iron ore futures contract on the Dalian Commodity Exchange was largely flat during morning trading but picked...