IRON ORE DAILY: Seaborne prices supported by stable demand at Chinese ports

August 28, 2021 / www.metalbulletin.com / Article Link

Seaborne iron ore prices mostly increased on Friday August 27 amid stable trading activity in the physical market, particularly at China's ports, sources said.

Fastmarkets iron ore indices
62% Fe fines, cfr Qingdao: $157.55 per tonne, up $4.63 per tonne
62% Fe low-alumina fines, cfr Qingdao: $157.84 per tonne, up $4.04 per tonne
58% Fe fines high-grade premium, cfr Qingdao: $126.50 per tonne, up $3.62 per tonne
65% Fe Brazil-origin fines, cfr Qingdao: $176.10 per tonne, up $5.50 per tonne
62% Fe fines, fot Qingdao
: 1,073 yuan per wet metric tonne (implied 62% Fe China Port Price: $154.16 per dry tonne), up by 4 yuan per wmt

63% Fe Australia-origin lump ore premium, cfr Qingdao: $0.1100 per dry metric tonne unit (dmtu),...

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