Iron ore prices regain high levels of nearly two years ago

Wednesday, 09 November 2016 16:49:13 (GMT+3)   |   Istanbul
       

Ex-Australia iron ore prices, which were recorded at $71-71.5/mt CFR China in January 2015, have returned to this high price range, reaching $70.8-71.30/mt CFR China today, November 9, amid the ongoing upward movement of the Chinese steel futures market.
 

Source of offer

Destination

Product

Iron content

Price ($/mt)

Daily price change ($/mt)

Sales term

Australia

China

PB fines

62%

70.80-71.30

+2.75

CFR China

India

China

Indian fine ore

63.5%

71.30-72.30

+2.75

CFR China

Brazil

China

Brazil fine ore

65%

73.30-74.30

+2.75

CFR China



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