Iron ore price, page-2874

Amazing what a "down" day brings to this forum, hehe.

Actually IO Prices has changed little last week, even though we had IO Future up and down 5%+. This morning here are the Spot Port Prices at Qingdao Port:

- PB Fines 61.5% 600 yuan up 20 yuan.
- PB Lump 62.5% 770 yuan up 30 yuan.
- MAC Fines 61% 580 yuan up 20 yuan.
- Newman Fines 62.5% 640 yuan up 20 yuan.
- Newman Lump 63.5% 800 yuan up 20 yuan.
- BRB Fines 63.4% 580 yuan up 10 yuan.
- Brazilian Blend 60% 480 yuan up 10 yuan
- Brazilian Pellet 65% 940 yuan up 30 yuan

For same reason this report never mention FMG IO's so I hardly quote them, but IO price seem to up 10-30 yuan this morning.

IO Future probably over done it again, it basically followed the Coke and Coking Coal futures down. Hopefully it'll recover above 580 today.

Tangshan Billet unchanged this afternoon at 3840 yuan.

DYOR.

Frank.