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 |