IRON ORE DAILY: Prices rise despite further restrictions in Chinese steel industry this week
Iron ore prices increased on Monday June 28 even while market participants prepare for stricter restrictions on sintering, blast furnace operations and transportation of raw materials from June 29 to July 1 in certain areas in China.
Metal Bulletin
65% Fe Brazil-origin fines, cfr Qingdao: $255.30 per tonne, up $4.60 per tonne
Custeel
65% fines US$255.20 /tonne up US$4.70/tonne pellet premium US$68.50/tonne
Pellet price US$323.70/tonne AUD$428/tonne
This is another new record price for iron ore pellets in Australian dollars
IRON ORE DAILY: Prices rise despite further restrictions in...
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