Iron ore prices continue upward trend, tracking uptick in financial markets
Seaborne iron ore prices pushed up on Tuesday December 21, following the upward trend in the financial markets, sources told Fastmarkets.
Fastmarkets iron ore indices62% Fe fines, cfr Qingdao: $126.71 per tonne, up $3.20 per tonne
62% Fe low-alumina fines, cfr Qingdao: $127.07 per tonne, up $3.05 per tonne
58% Fe fines high-grade premium, cfr Qingdao: $99.18 per tonne, up $2.15 per tonne
65% Fe Brazil-origin fines, cfr Qingdao: $145.60 per tonne, up $3.80 per tonne
63% Fe Australia-origin lump ore premium, cfr Qingdao: $0.1450 per dry metric tonne unit (dmtu), up $0.0050 per dmtu
62% Fe fines, fot Qingdao: 823 yuan per wet metric tonne (implied 62% Fe China Port Price: $119.09 per dry tonne), up by 29 yuan per wmt
Iron ore prices continue upward trend, tracking uptick in...
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