IRON ORE DAILY: Seaborne prices drop amid oversupply concerns, falling steel prices
Iron ore prices fell on Wednesday August 18 amid growing concerns about supply outweighing demand and weaker steel prices, sources said.
Fastmarkets iron ore indices
62% Fe fines, cfr Qingdao: $153.39 per tonne, down $7.36 per tonne
62% Fe low-alumina fines, cfr Qingdao: $154.07 per tonne, down $7.58 per tonne
58% Fe fines high-grade premium, cfr Qingdao: $123.48 per tonne, down $6.06 per tonne
65% Fe Brazil-origin fines, cfr Qingdao: $179.80 per tonne, down $8.90 per tonne
62% Fe fines, fot Qingdao: 1,123 yuan per wet metric tonne (implied 62% Fe China Port Price: $161.46 per dry tonne), down by 19 yuan per wmt
63% Fe Australia-origin lump ore premium, cfr Qingdao: $0.220 per dry metric tonne unit (dmtu), down $0.015 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 |