IRON ORE DAILY: Seaborne prices hold up beside active portside market

April 30, 2020 / www.metalbulletin.com / Article Link

The seaborne iron ore market was mostly unchanged on Wednesday April 29, with Pilbara Blend fines closing around $80 per tonne, and with active Chinese portside trading before the country's Labor Day holiday on May 1.

Fastmarkets iron ore indices
62% Fe fines, cfr Qingdao: $82.50 per tonne, up by $0.30 per tonne.
62% Fe low-alumina fines, cfr Qingdao: $85.15 per tonne, up by $0.55 per tonne.
58% Fe fines high-grade premium, cfr Qingdao: $72.03 per tonne, up by $0.06 per tonne.
65% Fe Brazil-origin fines, cfr Qingdao: $101.10 per tonne, down by $0.10 per tonne.
62% Fe fines, fot Qingdao: 661 yuan per wet metric tonne (implied 62% Fe China Port Price: $85.43 per dry tonne), down by 6 yuan per wmt.

Key...

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