Seaborne iron ore concentrate demand picks up amid domestic shortfall; pellet demand weakens

摘要

Seaborne iron ore concentrate and pellet demand were dragged down by the reduced appetite for steel products amid the ongoing novel coronavirus (2019-nCoV) outbreak. CONCENTRATE The weekly Fastmarkets index for iron ore 66% Fe concentrate, cfr Qingdao stood at $102.70 per tonne on Friday February 14, up by $3.63 per tonne from oa week earlier. Fastmarkets’ daily index for iron ore 65% Fe Brazil-origin fines, cfr Qingdao averaged $102.16 per tonne last week, up by $4.58 per tonne from an average of $97.58 per tonne in the previous week.