steel prices continue to soar, page-7

maradyne, good reports thanks.

Seaborne iron ore concentrate prices continue to strengthen
The seaborne iron ore concentrate market continued to strengthen last week amid output restrictions in China and an easing of limits on downstream pellet producers.
Metal Bulletin’s weekly 66% Fe Iron Ore Concentrate Index rose to $89.81 per tonne cfr China last Friday December 1, up $1.84 per tonne from $87.97 per tonne cfr a week earlier. The daily Metal Bulletin 65% Fe Iron Ore Index averaged $84.32 per tonne cfr China last week, up $1.26 per tonne in comparison with an average of $83.06 per tonne a week earlier.