Iron ore prices increased slightly on Thursday March 18, after China announced that the emissions restrictions being imposed in Tangshan will be less strict than previously anticipated, sources said.
Fastmarkets iron ore indices
62% Fe fines, cfr Qingdao: $166.62 per tonne, up $0.43 per tonne
62% Fe low-alumina fines, cfr Qingdao: $166.98 per tonne, up $0.71 per tonne
58% Fe fines high-grade premium, cfr Qingdao: $152.58 per tonne, up $0.59 per tonne
65% Fe Brazil-origin fines, cfr Qingdao: $192.30 per tonne, up $0.40 per tonne
62% Fe fines, fot Qingdao: 1,166 yuan per wet metric tonne (
implied 62% Fe China Port Price: $167.19 per dry tonne), up by 27 yuan per wmt
63% Fe Australia-origin lump ore premium, cfr Qingdao: $0.5150 per dry metric tonne unit (dmtu), up $0.0250 per dmtu....