Seaborne iron ore concentrate, pellet prices soften on thin demand

摘要

The seaborne iron ore concentrate and pellets markets both weakened in the week to January 11 amid lackluster demand from China.CONCENTRATEThe weekly Fastmarkets MB 66% Fe Iron Ore Concentrate Index stood at $92.64 per tonne cfr China last Friday, down by $0.12 per tonne from a week earlier.The daily MB 65% Fe Iron Ore Index averaged $88.24 per tonne cfr China last week, compared with an average of $87.13 per tonne cfr China in the previous week.