IRON ORE PRICES: Benchmark index dips again amid sustained pressure
High port inventory levels and environmental restrictions on production continue to exert pressure on seaborne iron ore prices.
Index of spot market Iron Ore prices delivered to China, normalized to Qingdao and 62% Fe US $ per tonne Daily
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Price |
Change |
| 4 |
15/05/17 |
60.80 |
– |
| 5 |
STLM |
68.68 |
-11.47% |
| 6 |
STLY |
54.54 |
11.48% |
| 7 |
Monthly Averages |
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| 8 |
Apr 17 |
70.77 |
-14.09% |
| 9 |
Mar 17 |
87.43 |
-30.46% |
| 10 |
Feb 17 |
88.46 |
-31.26% |
Save this price
Metal Bulletin’s 62% Fe Iron Ore Index
Today: $60.80 per tonne cfr Qingdao
Daily change: Down by $0.58 per tonne
Month-to-date average: $63.09 per tonne
Metal Bulletin’s 58% Fe Premium Index
Today: $52.09 per tonne cfr Qingdao
Daily change: Up by $1.78 per tonne
Month-to-date average: $54.14 per tonne
Dalian Commodity Exchange’s most-traded September contract
Today’s close: 457 yuan ($66.20) per tonne
Change from previous close: Up by 6.50 yuan ($0.90) per tonne
