CIA champion iron limited
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65% Fe at US$257/t

  1. sam0408
    2,207 Posts.
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    16/07/21
    09:18
    Post #: 54542490

    IRON ORE DAILY: Prices rise on falling steel inventories

    Iron ore prices increased on Thursday July 15, supported by falling steel inventories in China, sources told Fastmarkets.

    Fastmarkets iron ore indices
    62% Fe fines, cfr Qingdao: $222.09 per tonne, up $3.43 per tonne
    62% Fe low-alumina fines, cfr Qingdao: $223.75 per tonne, up $3.75 per tonne
    58% Fe fines high-grade premium, cfr Qingdao: $182.06 per tonne, up $3.65 per tonne
    65% Fe Brazil-origin fines, cfr Qingdao: $256.80 per tonne, up $4.70 per tonne
    63% Fe Australia-origin lump ore premium, cfr Qingdao: $0.5500 per dry metric tonne unit, unchanged
    62% Fe fines, fot Qingdao: 1,493 yuan per wet metric tonne (implied 62% Fe China Port Price: $216.41 per dry tonne), up by 3 yuan per wmt

    CIA Price at posting: $6.82 Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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