According to Metal Bulletin, the price for benchmark 62% fines slipped 0.7% to $85.23 a tonne, adding to the losses seen on Monday.In contrast,
58% fines surged 2.7% to $71.22 a tonne, leaving it at the highest level in a week.Iron ore spot prices were all over the place on Tuesday.
Lower grades soared, mid grades slid while higher grades did absolutely nothing.
Chinese crude steel output stood at 71 million tonnes in February, up 9.2% on a year earlier.
Operations at Port Hedland, the world’s larges iron ore loading terminal, have resumed following a temporary closure due to Tropical Cyclone Veronica.
https://www.*.com.au/iron-ore-price-china-steel-output-port-hedland-2019-3
Iron ore price, page-11264
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