Seaborne iron ore trading stayed thin on Tuesday September 4, while transaction activity at Chinese ports increased.
Metal Bulletin 62% Fe Iron Ore Index: $66.62 per tonne cfr Qingdao, up by $0.57 per tonne.Metal Bulletin 62% Fe Pilbara Blend Fines Index: $65.65 per tonne cfr Qingdao, up by $0.57 per tonne.Metal Bulletin 62% Fe Iron Ore Index Low Alumina: $71.95 per tonne cfr Qingdao, up by $0.20 per tonneMetal Bulletin 58% Fe Premium Index: $54.63 per tonne cfr Qingdao, up $0.30 per tonne.Metal Bulletin 65% Fe Iron Ore Index: $95.10 per tonne cfr Qingdao, up $0.20 per tonne. Metal Bulletin 62% Fe China Port Price Index: 502 yuan per wet metric tonne (implied 62% Fe China Port Price $64.65 per dry tonne), down 1 yuan per wmt.Key driversSpot iron...