IRON ORE DAILY: Steel uptick supports raw material prices but near-term concerns linger
Iron ore prices increased across the board on Friday June 25, boosted by an increase in downstream steel prices.
Metal Bulletin
65% Fe Brazil-origin fines, cfr Qingdao: $250.70 per tonne, up $1.40 per tonne
Custeel
65% iron ore fines US$251.50/tonne pellet premium US$68.50/tonne
pellet price US$320/tonne. AUD$422/tonne
Iron Ore Pellet - Strong Chinese Demand, Supply Constraints In Brazil Drive Current Rally In Prices: ICRA
Read more at: https://www.bloombergquint.com/rese...-in-brazil-drive-current-rally-in-prices-icra
Copyright © BloombergQuint
Grange's Iron ore pellets at A$427/tonne, page-62
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