Seaborne iron ore trading stayed relatively active on Friday September 7 after mainstream Australian fines changed hands in deals with no discount a day earlier.
Metal Bulletin 62% Fe Iron Ore Index: $68.48 per tonne cfr Qingdao, up by $0.09 per tonne.Metal Bulletin 62% Fe Pilbara Blend Fines Index: $67.51 per tonne cfr Qingdao, up by $0.09 per tonne.Metal Bulletin 62% Fe Iron Ore Index, Low Alumina: $74.82 per tonne cfr Qingdao, up by $0.22 per tonneMetal Bulletin 58% Fe Premium Index: $55.64 per tonne cfr Qingdao, unchanged.Metal Bulletin 65% Fe Iron Ore Index: $96.40 per tonne cfr Qingdao, up $0.50 per tonne.Metal Bulletin 62% Fe China Port Price Index: 516 yuan per wet metric tonne (implied 62% Fe China Port Price $66.43 per dry tonne), up by 9 yuan per wmt.Key driversTenders for Pilbara Blend fines were again absent during the day while a number of index-linked transactions were heard to have taken place at no discount in the spot market, following a trade at such a price by a miner on Thursday.Two cargoes...