The physical iron ore markets were largely inactive on Wednesday September 25 because of a key industry conference in China and the current restrictions on that country's steelmakers.
Fastmarkets iron ore indices62% Fe fines, cfr Qingdao: $90.34 per tonne, down by $0.49 per tonne62% Fe Pilbara Blend fines, cfr Qingdao: $90.73 per tonne, down by $0.49 per tonne.62% Fe low-alumina fines, cfr Qingdao: $87.66 per tonne, down by $1.18 per tonne.58% Fe fines high-premium, cfr Qingdao: $79.02 per tonne, down by $0.30 per tonne.65% Fe Brazil-origin fines, cfr Qingdao: $97.00 per tonne, down by $0.80 per tonne.62% Fe fines, fot Qingdao: 735 yuan per wet metric tonne (implied 62% Fe China Port Price, $94.99 per dry tonne), down by 6 yuan...