Seaborne iron ore prices increased on Friday August 16 with more deals concluded.
Fastmarkets' index for iron ore 62% Fe fines, cfr Qingdao: $89.57 per tonne, up by $1.13 per tonne. Fastmarkets' index for iron ore 62% Fe Pilbara Blend Fines, cfr Qingdao: $89.95 per tonne, up by $3.01 per tonne. Fastmarkets' index for iron ore 62% Fe low-alumina fines, cfr Qingdao: $89.50 per tonne, up by $1.28 per tonne. Fastmarkets' index for iron ore 58% Fe fines high-grade premium, cfr Qingdao: $78.49 per tonne, up by $1.32 per tonne. Fastmarkets' index for iron ore 65% Fe Brazil-origin fines, cfr Qingdao: $97.10 per tonne, down by $0.50 per tonne. Fastmarkets' index for iron ore 62% Fe fines, fot Qingdao: 726 yuan per wet metric tonne (implied 62% Fe China Port Price $94.87 per dry tonne), up by 3 yuan per wmt. Key drivers China's steel and iron ore futures largely recorded gains for the day, while the 62% Fe derivative contracts on the...