65% Fe down to US$182
.. .. .. .. .. .. .. .. .. .. .. .. .. .. .. ..IRON ORE DAILY: Prices slump amid weak mill margins ahead of Chinese New Year
Iron ore prices fell on Thursday January 28, with weak mill margins and expected crude steel production cuts weighing on market sentiment, sources told Fastmarkets
Fastmarkets iron ore indices
62% Fe fines, cfr Qingdao: $157.42 per tonne, down $9.17 per tonne
62% Fe low-alumina fines, cfr Qingdao: $158 per tonne, down $8.65 per tonne
58% Fe fines high-grade premium, cfr Qingdao: $143.81 per tonne, down $8.41 per tonne
65% Fe Brazil-origin fines, cfr Qingdao: $182.10 per tonne, down $8.10 per tonne
62% Fe fines, fot Qingdao: 1135 yuan per wet metric tonne (implied 62% Fe China Port Price: $163.5 per dry tonne), down by 21 yuan per wmt
Ann: Q3, FY2021 Investor Presentation, page-3
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