Iron ore prices fell on Friday March 19 amid tighter emission restrictions imposed in Tangshan until the end of June, sources told Fastmarkets.
Fastmarkets iron ore indices
62% Fe fines, cfr Qingdao: $161.39 per tonne, down $5.23 per tonne
62% Fe low-alumina fines, cfr Qingdao: $161.67 per tonne, down $5.31 per tonne
58% Fe fines high-grade premium, cfr Qingdao: $148.05 per tonne, down $4.53 per tonne
65% Fe Brazil-origin fines, cfr Qingdao: $187.50 per tonne, down $4.80 per tonne
62% Fe fines, fot Qingdao: 1,130 yuan per wet metric tonne (implied
62% Fe China Port Price: $161.94 per dry tonne), down by 36 yuan per wmt
63% Fe Australia-origin lump ore premium, cfr Qingdao: $0.5200 per dry metric tonne unit (dmtu), up $0.0050 per dmtu.
Key drivers
The most-traded May iron ore futures contract on the Dalian Commodity Exchange (DCE) moved lower on Friday,...