IRON ORE DAILY: Prices stabilize as market awaits clear direction

摘要

The seaborne iron ore market cooled down on Thursday March 26 after gaining ground for two consecutive days, with the lower prices in line with a softer futures curve for rebar. 62% Fe fines, cfr Qingdao: $86.77 per tonne, down $0.57 per tonne 62% Fe low-alumina fines, cfr Qingdao: $87.64 per tonne, down $1.18 per tone 58% Fe fines high-grade premium, cfr Qingdao: $75.62 per tonne, down $0.73 per tonne. 65% Fe Brazil-origin fines, cfr Qingdao: $102.20 per tonne, down $1.20 per tonne 62% Fe fines, fot Qingdao: 668 yuan per wet metric tonne (62% Fe China Port Price: $86.24 per dry tonne), unchanged.