IRON ORE DAILY: Trading activity lifts up 62% Fe iron ore-low alumina index

October 11, 2018 / www.metalbulletin.com / Article Link

Seaborne iron ore low alumina prices rose on spot trading activity on Wednesday October 10, while the benchmark 62% Fe iron ore index stayed flat.

Metal Bulletin 62% Fe Iron Ore Index: $71.14 per tonne cfr Qingdao, unchanged.Metal Bulletin 62% Fe Pilbara Blend Fines Index: $70.17 per tonne cfr Qingdao, unchanged.Metal Bulletin 62% Fe Iron Ore Index, Low Alumina: $76.35 per tonne cfr Qingdao, up by $1.16 per tonne.Metal Bulletin 58% Fe Premium Index: $59.63 per tonne cfr Qingdao, up by $1.37 per tonne.Metal Bulletin 65% Fe Iron Ore Index: $97.40 per tonne cfr Qingdao, up by $0.30 per tonne.Metal Bulletin 62% Fe China Port Price Index: 550 yuan per wet metric tonne (implied 62% Fe China Port Price $70.18 per dry tonne), up by 10 yuan per wmt.Key driversChina's rebar and iron ore futures rose for a third consecutive day, with the benchmark contracts ending respectively 1.1% and 1.6% higher than Tuesday's settlements.Rio Tinto offered a public tender for...

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