65% Fe now US$37/t above the 62% Fe - a decent margin even in a high IO price environment.
.. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. ..IRON ORE DAILY: Prices rise despite further restrictions in Chinese steel industry this week
Iron ore prices increased on Monday June 28 even while market participants prepare for stricter restrictions on sintering, blast furnace operations and transportation of raw materials from June 29 to July 1 in certain areas in China.
Fastmarkets iron ore indices
62% Fe fines, cfr Qingdao: $218.62 per tonne, up $2.17 per tonne
62% Fe low-alumina fines, cfr Qingdao: $220.77 per tonne, up $2.02 per tonne
58% Fe fines high-grade premium, cfr Qingdao: $186.39 per tonne, down $0.77 per tonne
65% Fe Brazil-origin fines, cfr Qingdao: $255.30 per tonne, up $4.60 per tonne
62% Fe fines, fot Qingdao: 1,515 yuan per wet metric tonne (implied 62% Fe China Port Price: $220.37 per dry tonne), unchanged
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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 |