Seaborne iron ore prices made a slight increase on Thursday December 31 despite a quiet trading day, sources said.
Fastmarkets iron ore indices
62% Fe fines, cfr Qingdao: $160.47 per tonne, up $0.62 per tonne
62% Fe low-alumina fines, cfr Qingdao: $161.42 per tonne, up $0.17 per tonne
58% Fe fines high-grade premium, cfr Qingdao: $149.63 per tonne, up $1.05 per tonne
65% Fe Brazil-origin fines, cfr Qingdao: $172.90 per tonne, up $0.80 per tonne
62% Fe fines, fot Qingdao: 1,116 yuan per wet metric tonne (
implied 62% Fe China Port Price: $159.34 per dry tonne), up by 16 yuan per wmt
Key drivers
The most-traded May iron ore futures contract on the Dalian Commodity Exchange (DCE) fluctuated throughout Thursday's trading, ending the day...