Iron ore prices up after recovered steel margins increase sentiment
Seaborne iron ore prices continued to increase on Friday December 17 amid a positive outlook, with more market participants seeing recovered steel margins during the week, market sources told Fastmarkets.
Fastmarkets iron ore indices
62% Fe fines, cfr Qingdao: $119.60 per tonne, up by $3.54 per tonne
62% Fe low-alumina fines, cfr Qingdao: $120.43 per tonne, up by $3.31 per tonne
58% Fe fines high-grade premium, cfr Qingdao: $92.62 per tonne, up by $3.30 per tonne
65% Fe Brazil-origin fines, cfr Qingdao: $136.70 per tonne, up by $4.30 per tonne
63% Fe Australia-origin lump ore premium, cfr Qingdao: $0.1400 per dry metric tonne unit (dmtu), unchanged
Iron Ore Price, page-22
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