IRON ORE DAILY: Seaborne prices mostly down due to lack of market activity

April 25, 2020 / www.metalbulletin.com / Article Link

Seaborne iron ore prices were mostly down on Friday April 24 with limited trading activity at Chinese ports.

Fastmarkets iron ore indices 
62% Fe fines, cfr Qingdao: $84.35 per tonne, down $0.11 per tonne. 
62% Fe low-alumina fines, cfr Qingdao: $86.09 per tonne, up $0.09 per tonne. 
58% Fe fines high-grade premium, cfr Qingdao: $73 per tonne, down $0.14 per tonne. 
65% Fe Brazil-origin fines, cfr Qingdao: $101.40 per tonne, down $1.10 per tonne. 
62% Fe fines, fot Qingdao: 671 yuan per wet metric tonne (implied 62% Fe China Port Price: $86.20 per dry tonne), down 3 yuan per wmt.

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