DAILY:Seaborne iron ore prices move in a narrow range amid flash trading

Seaborne iron ore prices saw narrow range fluctuations on Friday, August 14, with trading mainly focus on medium-grade fines. The Mysteel SEADEX 61% Fines remained at 95.45/dmt, while the 62% Low Alumina Fines index increased slightly to 100.75/dmt. All indices are assessed on a CFR Qingdao basis.

Primary market liquidity weakened, with no mine-origin offers appearing on public trading platforms. Nonetheless, one market participant sold PBF for the August 30–September 8 laycan at a discount of $0.5/dmt against the October index. Elsewhere, PBF for the same laycan was offered flat to the September index, but the