Seaborne iron ore concentrates and pellet prices increased in the week ending Friday July 6 as high-grade and low-alumina products continued to be favored by the market.
Iron ore concentratesThe weekly Metal Bulletin 66% Fe Concentrate Index was $97.15 per tonne cfr China on July 9, up by $2.83 per tonne - or 3% - from $94.32 per tonne cfr a week earlier. The daily Metal Bulletin 65% Fe Iron Ore Index averaged $91.56 per tonne cfr China last week, up $0.88 per tonne-or 0.90%-from the preceding week's average of $90.68 per tonne cfr. According to some market sources, the trading arm of Anshan Iron & Steel sold August-delivery cargoes of 65% Fe Karara concentrates at...