Seaborne iron ore concentrate and pellet prices rose again in the week ended Friday August 21 amid rising futures despite a weakening of demand, sources told Fastmarkets.
Fastmarkets iron ore indices"Both the iron ore 62% Fe and 65% Fe swaps strengthened during the week, and the bullish sentiment in iron ore fines segment pushed up prices for concentrate as well. But the high prices resulted in a drop in liquidity. It was hard to conclude...