Seaborne iron ore prices fell on Monday September 21 as a result of stricter environmental restrictions being imposed on steelmakers in the hub of Tangshan, trade sources told Fastmarkets.
Fastmarkets iron ore indices
62% Fe fines, cfr Qingdao: $119.82 per tonne, down $5.08 per tonne.
62% Fe low-alumina fines, cfr Qingdao: $120.05 per tonne, down $4.97 per tonne.
58% Fe fines high-grade premium, cfr Qingdao: $111.79 per tonne, down $3.67 per tonne.
65% Fe Brazil-origin fines, cfr Qingdao: $133.80 per tonne, down $3.70 per tonne.
63% Fe Australia-origin lump ore premium, cfr Qingdao: $0.0500 per dry metric tonne unit (dmtu), up $0.0050 per dmtu.
62% Fe fines, fot Qingdao: 923 yuan per wet metric tonne (implied
62% Fe China Port Price: $126.38 per dry tonne), down by 5 yuan per wmt.
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