Global iron ore prices have fallen sharply today, April 7, amid the declines recorded in the Chinese futures markets and also due to the downtrend seen in domestic finished steel and semi-finished steel quotations in China.
Source of offer |
Destination |
Product |
Iron content |
Price ($/mt) |
Daily price change ($/mt) |
Sales term |
PB fines |
62% |
75.1-75.5 |
-5.5 |
CFR China |
||
Indian fine ore |
63.5% |
76.1-76.5 |
-5.5 |
CFR China |
||
Brazil fine ore |
65% |
88-89 |
-5 |
CFR China |