WEEKLY: China’s iron ore concentrate prices rebound
Dec 03, 2019 12:00
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Prices of domestic iron ore concentrates in North and East China recovered over the November 25-29 week after nearly three weeks of declines, Mysteel’s latest weekly survey published last Friday showed. Domestic concs prices followed the upward trend in imported iron ore prices the previous week.
Over the week of November 18-22, Mysteel’s 62% Australian iron ore fines index for the seaborne market rose by another $3.2/dmt or 3.8% on week to $87.8/dmt CFR Qingdao, though during November 25-29 the index reversed down on week (albeit by a mere $0.75/dmt) to $87.05/dmt CFR Qingdao as of