Seaborne iron ore concentrate and pellet prices continued to fall last week amid a general decline in prices across the iron ore market.
ConcentrateFastmarkets' weekly index for iron ore 66% Fe concentrate, cfr Qingdao was at $89.25 per tonne on Friday August 30, down $3.87 per tonne from the previous week. The price movement was based on the visible market activity detailed below, which was included in the index calculation according to the published methodology. No data was discarded in the calculation of these indices and any data received under Data Submitter Agreements or subject to a confidentiality request will not be published.An October-arrival 170,000-tonne cargo of 65% Fe Ukrainian low-sulfur concentrate was heard traded at the November average of a 65% Fe index...