Daily iron ore prices - October 25, 2016

Tuesday, 25 October 2016 17:05:36 (GMT+3)   |   Istanbul
       

On Tuesday, October 25, in the Chinese futures market iron ore prices and all steel prices, including futures prices of rebar and hot rolled coil (HRC), have moved upwards, led by the increases recorded in coking coal futures prices. This general upward movement of futures prices has also been reflected in prices in the physical market, prompting iron ore prices to increase by $2.5/mt on the date in question. 
 

Source of offer

Destination

Product

Iron content

Price ($/mt)

Daily price change ($/mt)

Sales term

Australia

China

PB fines

62%

61.55-62.05

+2.5

CFR China

India

China

Indian fine ore

63.5%

62.05-63.05

+2.5

CFR China

Brazil

China

Brazil fine ore

65%

64.05-65.05

+2.5

CFR China


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