LCY legacy iron ore limited
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IRON ORE DAILY: Prices surge on steel demand recovery after...

  1. Sakthi
    211 Posts.
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    05/01/21
    09:18
    Post #: 49944146
    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
    LCY Price at posting: 4.5¢ Sentiment: Buy Disclosure: Held
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