DAILY: Seaborne iron ore prices change slightly amid limited trading activities

Seaborne iron ore prices decreased on Wednesday, September 23, 2026. The Mysteel SEADEX 61% Fines decreased by 0.58% or $0.55/dmt to $94.70/dmt, while the corresponding 62% Low Alumina Fines index decreased by 0.55% or $0.55/dmt to $99.30/dmt. Both indices are based on CFR Qingdao.

Trading activities in the primary market remained limited. One parcel of MACF with an October 26-November 4 laycan was traded at fixed price of $94.50/dmt basis 60.5% Fe. And another bid for NBL with a late laycan was updated at a premium of $0.2500/dmtu but failed to conclude. Tenders of