IRON ORE DAILY: Seaborne prices fall despite drop in steel inventories
Seaborne iron ore prices fell on Thursday September 2, with the outlook remaining bearish despite a drop in steel inventories amid relatively active port trading, sources said.
Fastmarkets iron ore indices
62% Fe fines, cfr Qingdao: $142.02 per tonne, down $1.41 per tonne
62% Fe low-alumina fines, cfr Qingdao: $142.59 per tonne, down $1.64 per tonne
58% Fe fines high-grade premium, cfr Qingdao: $112.02 per tonne, down $0.70 per tonne
65% Fe Brazil-origin fines, cfr Qingdao: $160.70 per tonne, down $1.60 per tonne
63% Fe Australia-origin lump ore premium, cfr Qingdao: $0.0800 per dry metric tonne unit (dmtu), down $0.0050 per dmtu
62% Fe fines, fot Qingdao: 1,059 yuan per wet metric tonne (implied 62% Fe China Port Price: $152.52 per dry tonne), up by 5 yuan per wmt
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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 |