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Iron Ore Price, page-12

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    Iron ore prices rise amid jitters over Omicron variant

    Seaborne iron ore prices rose on Monday November 29 amid earlier jitters over the new strain of the Covid-19 virus reported over the weekend emerging from South Africa, sources told Fastmarkets.

    Fastmarkets iron ore indices
    62% Fe fines, cfr Qingdao: $103.27 per tonne, up $6.60 per tonne
    62% Fe low-alumina fines, cfr Qingdao: $103.96 per tonne, up $6.40 per tonne
    58% Fe fines high-grade premium, cfr Qingdao: $75.52 per tonne, up $5.92 per tonne
    65% Fe Brazil-origin fines, cfr Qingdao: $117.90 per tonne, up $6.50 per tonne
    62% Fe fines, fot Qingdao: 683 yuan per wet metric tonne (implied 62% Fe China Port Price: $97.88 per dry tonne), up by 34 yuan per wmt

 
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