IRON ORE DAILY: Prices surge on steel demand recovery after holidaySeaborne prices climbed on Monday January 4, supported by firm demand in steel and positive sentiment after the New Year holiday, according to sources.
Fastmarkets iron ore indices62% Fe fines, cfr Qingdao: $165.29 per tonne, up $4.82 per tonne
62% Fe low-alumina fines, cfr Qingdao: $166.00 per tonne, up $4.58 per tonne
58% Fe fines high-grade premium, cfr Qingdao: $149.63 per tonne, unchanged
65% Fe Brazil-origin fines, cfr Qingdao: $181.50 per tonne, up $7.80 per tonne
62% Fe fines, fot Qingdao: 1,114 yuan per wet metric tonne (implied
62% Fe China Port Price: $159.02 per dry tonne), down by 2 yuan per wmt
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