Source of offer | Destination | Product | Iron content | Price ($/mt) | Daily price change ($/mt) | Sales term |
PB fines | 62% | 59.75 | -2.25 | CFR China | ||
Brazil fine ore | 65% | 64-65 | -2 | CFR China | ||
Indian fine ore | 63.5% | 61-62 | -2 | CFR China |
On March 5, 62 percent Fe content iron ore prices declined below the $60/mt threshold, to their lowest level in approximately six years.