Seaborne iron ore concentrate market weakens further

By Metal Bulletin Editorial / February 05, 2018 / www.metalbulletin.com / Article Link

Prices for seaborne iron ore concentrate continued to fall last week amid a subdued fines segment.

Metal Bulletin's weekly 66% Fe Iron Ore Concentrate Index dropped to $92.58 per tonne cfr Qingdao last Friday February 2, down $3.21 per tonne from a week earlier. The daily Metal Bulletin 65% Fe Iron Ore Index averaged $89.06 per tonne cfr China last week, down $1.36 per tonne from the previous week's average of $90.42 per tonne cfr China. A shipment of 67% Fe Chilean concentrate with 0.05% sulfur content, with an early-February laycan, was...

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