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IRON ORE DAILY: Prices rebound amid potential easing of Tangshan...

  1. sam0408
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    22/06/21
    21:59
    Post #: 54001373

    IRON ORE DAILY: Prices rebound amid potential easing of Tangshan blast furnace restrictions

    Iron ore prices rose on Tuesday June 22, and there was market chatter about the potential resumption of blast furnace operations and the easing of emissions restrictions in Tangshan, sources told Fastmarkets.

    Fastmarkets iron ore indices
    62% Fe fines, cfr Qingdao: $214.32 per tonne, up $6.17 per tonne
    62% Fe low-alumina fines, cfr Qingdao: $216.00 per tonne, up $6 per tonne
    58% Fe fines high-grade premium, cfr Qingdao: $181.71 per tonne, up $6.18 per tonne
    65% Fe Brazil-origin fines, cfr Qingdao: $249.20 per tonne, up $10.20 per tonne
    62% Fe fines, fot Qingdao: 1,489 yuan per wet metric tonne (implied 62% Fe China Port Price: $215.89 per dry tonne), down by 9 yuan per wmt


    CIA Price at posting: $6.40 Sentiment: Buy Disclosure: Held
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