IO price for 58% Fe fines high-premium, cfr Qingdao: $75.05 per tonne, up by $1.45 per tonne
So it did not drop
Fastmarkets iron ore indices 62% Fe fines, cfr Qingdao: $85.56 per tonne, down by $0.41 per tonne. 62% Fe Pilbara Blend fines, cfr Qingdao: $85.38 per tonne, down by $0.41 per tonne. 62% Fe low-alumina fines, cfr Qingdao: $84.94 per tonne, up by $0.31 per tonne. 58% Fe fines high-premium, cfr Qingdao: $75.05 per tonne, up by $1.45 per tonne. 65% Fe Brazil-origin fines, cfr Qingdao: $94.80 per tonne, up by $0.30 per tonne
Iron ore price, page-17179
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