IRON ORE DAILY: Firmer steel prices support seaborne iron ore prices
Iron ore prices surged on Monday March 29, supported by firmer prices for steel and healthier margins, sources said.
Fastmarkets iron ore indices
62% Fe fines, cfr Qingdao: $167.88 per tonne, up $6.58 per tonne
62% Fe low-alumina fines, cfr Qingdao: $168.88 per tonne, up $6.14 per tonne
58% Fe fines high-grade premium, cfr Qingdao: $149.46 per tonne, up $1.80 per tonne
65% Fe Brazil-origin fines, cfr Qingdao: $198.00 per tonne, up $7.20 per tonne
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