News and Events

Spot iron ore prices continue to drop

It’s reported that the spot iron ore prices have continued to drop recently.

At present, the quotes of Australia Pb fines contain 31.5% Fe to China are at US$145~US$146/ton C&F and that of Australia Yandi fines contain 58% Fe to China is at US$132~US$133/ton C&F, down by US$1/ton respectively.

Meanwhile, it’s known that that the quotes of Indian ore fines contain 63%~63.5% Fe to China are at US$147~US$149/ton C&F, decreasing by US$1/ton; that of Indian ore fine contain 61%~62% Fe is at US$137~US$139/ton C&F, down by US$2/ton.