Spot iron ore holds due to Chinese holidays

08-Oct-2018

Spot iron ore holds due to Chinese holidays

Sea-borne iron ore ended the week steady as the Chinese holidays kept the buyers away from the market. Onto the benchmark for seaborne spot iron ore prices, Platts assessed the 62% Fe IODEX & TSI Iron Ore Fines at $69.60/dmt CFR North China on Friday. Meanwhile, TSI 58% Fe Fines, 1.5% Al, CFR Qingdao port closed the week at $60.35/dmt.