IRON ORE DAILY: Prices rise on positive expectations of growth in demand for steel
Iron ore prices mostly increased on Thursday February 25, supported by healthy mill margins and expectations of a steady rise in demand for steel, sources told Fastmarkets.
Fastmarkets iron ore indices.. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. ..
62% Fe fines, cfr Qingdao: $174.24 per tonne, up $1.53 per tonne
62% Fe low-alumina fines, cfr Qingdao: $174.70 per tonne, up $1.59 per tonne
58% Fe fines high-grade premium, cfr Qingdao: $160.06 per tonne, down $0.30 per tonne
65% Fe Brazil-origin fines, cfr Qingdao: $197.80 per tonne, up $0.90 per tonne
62% Fe fines, fot Qingdao: 1190 yuan per wet metric tonne (implied 62% Fe China Port Price: $171.9 per dry tonne), up by 5 yuan per wmt
Custeel has it slightly higher:
http://www.custeel.com/en/csi.jsp
IRON ORE DAILY: Prices rise on positive expectations of growth...
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