IRON ORE DAILY: Prices down; demand outlook still weak
Seaborne iron ore prices inched lower on Tuesday October 19 because market participants adopted a weak outlook for iron ore demand after more news of steel production cuts in south China’s Jiangsu province and iron ore logistics disruptions in north China’s Tangshan, market sources said.
Fastmarkets iron ore indices
62% Fe fines, cfr Qingdao: $124.04 per tonne, down $0.28 per tonne
62% Fe low-alumina fines, cfr Qingdao: $125.43 per tonne, down $0.54 per tonne
58% Fe fines high-grade premium, cfr Qingdao: $93.52 per tonne, down $0.95 per tonne
65% Fe Brazil-origin fines, cfr Qingdao: $147.10 per tonne, down $1.00 per tonne
63% Fe Australia-origin lump ore premium, cfr Qingdao: $0.2100 per dry metric tonne unit (dmtu), unchanged $0.0000 per dmtu
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Last
$4.20 |
Change
0.040(0.96%) |
Mkt cap ! $2.239B | |||
| Open | High | Low | Value | Volume |
| $4.21 | $4.31 | $4.14 | $15.79M | 3.748M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 18900 | $4.19 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.22 | 9700 | 1 |
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| Last trade - 16.10pm 08/08/2025 (20 minute delay) ? |
| CIA (ASX) Chart |