IRON ORE DAILY: Seaborne prices trend upward on active trading

Seaborne iron ore prices inched upward on Tuesday April 14, during an active day of trading at Chinese ports amid persistent worries about supply and an improving steel demand outlook.

Fastmarkets iron ore indices
62% Fe fines, cfr Qingdao: $87.02 per tonne, up by $1.42 per tonne.
62% Fe low-alumina fines, cfr Qingdao: $88.74 per tonne, up by $1.48 per tonne.
58% Fe fines high-grade premium, cfr Qingdao: $74.97 per tonne, up by $0.35 per tonne.
65% Fe Brazil-origin fines, cfr Qingdao: $102.20 per tonne, down by $0.30 per tonne.

62% Fe fines, fot Qingdao: 676 yuan per wet metric tonne (implied 62% Fe China Port Price: $87.94 per dry tonne), up by 5 yuan per wmt....

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