Seaborne iron ore concentrate prices weakened last week with the wider market, while pellet pricing held ground.
ConcentrateThe weekly Fastmarkets index for iron ore 66% Fe concentrate, cfr Qingdao stood at $105.62 per tonne last Friday December 27, down by $2.31 per tonne week on week.The daily Fastmarkets index for iron ore 65% Fe Brazil-origin fines, cfr Qingdao, averaged $102.38 per tonne last week, down $1.22 per tonne compared with an average of $103.60 per tonne a week earlier.The daily settlement prices for the February and March futures contracts for 65% Fe iron ore on the Singapore Exchange averaged $101.40 per tonne cfr China and $100.93 per tonne cfr respectively last week, down from $103.11 per tonne cfr and $102.33 per tonne cfr a week earlier.The...