14,396.54 TRY BIST 100 BIST 100
56.12 EUR EUR EUR
47.97 USD USD USD
7.18 CNY CNY CNY
0.13 CNY CNY/EUR CNY/EUR
40.85 TRY Interest Interest
93.44 USD Fossil Oil Fossil Oil
6.56 USD Copper Copper
106.65 USD Silver Silver
95.94 USD Iron Ore Iron Ore
377.25 USD Shipbreaking Scrap Shipbreaking Scrap
6,089.00 TRY Gold (gr) Gold (gr)
95.00 USD Iron Ore 61% Fe Iron Ore 61% Fe

Far East iron ore market declines as Chinese prices decrease

Iron ore prices in the Far East moved lower as prices in China decreased, while South Korea recorded a limited increase. Other regional markets remained stable.

Far East iron ore market declines as Chinese prices decrease

According to data for 1 July, the price of 62% Fe iron ore in China decreased by 1.92% (USD 2.00) to USD 104.00.

In contrast, the price of 61% Fe iron ore in the South Korean market increased by 1.01% (USD 1.00) to USD 99.00. Despite these mixed movements, prices across other Far East spot markets remained unchanged.

On 1 July, 62% Fe iron ore prices held steady at USD 100.00 in Indonesia, India and Vietnam.

In Japan, iron ore prices also remained stable at USD 100.00.

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