Seaborne iron ore prices remained rangebound on Wednesday September 12, with only a few trades reported on an index-linked basis.
Metal Bulletin 62% Fe Iron Ore Index: $67.86 per tonne cfr Qingdao, up by $0.19 per tonne.Metal Bulletin 62% Fe Pilbara Blend Fines Index: $66.89 per tonne cfr Qingdao, up by $0.19 per tonne.Metal Bulletin 62% Fe Iron Ore Index Low Alumina: $74.17 per tonne cfr Qingdao, up by $0.25 per tonneMetal Bulletin 58% Fe Premium Index: $55.78 per tonne cfr Qingdao, unchanged.Metal Bulletin 65% Fe Iron Ore Index: $96 per tonne cfr Qingdao, unchanged.Metal Bulletin 62% Fe China Port Price Index: 511 yuan per wet metric tonne (implied 62% Fe China Port Price $65.55 per dry tonne), unchanged. Metal Bulletin 63% Fe Australian Lump Premium: $0.3450 per dry metric tonne unit, down by $0.0100 per dmtu.Key driversChina's steel and iron ore futures had dropped since Tuesday night before recovering some losses later on Wednesday.There were no...