DAILY: Seaborne iron ore index falls marginally yet market activity picks up a bit

Seaborne iron ore prices saw a small decline, yet trading activity was slightly better than last Friday. on Monday, August 17, 2026. The Mysteel SEADEX 61% Fines decreased by 0.26% or $0.25/dmt to $95.20/dmt, while the corresponding 62% Low Alumina Fines index decreased by 0.60% or $0.60/dmt to $100.15/dmt. Both indices are based on CFR Qingdao.

Liquidity in the primary market was relatively good. On the public platform, JMBF was sold at a discount of $3.00/dmt based on the October 61% Fines Index, and the discount narrowed further. MACF was traded at a fixed price of 95.6 based on 61% Fe, with the converted premium