PACIFIC COAST 
MINERALS USA, LLC

IRON ORE INDEX FEBRUARY 


Physical iron ore trading largely stopped on 

Friday February 1, 

 

IRON ORE DAILY: Strength of futures 

 persists on 

 last trading

 day of Lunar 2018

MB 62% Fe Iron Ore Index: $85.53 per tonne cfr Qingdao, up $0.19 per 

 tonne. 

 MB 62% Fe 

 Pilbara Blend Fines Index: $86.37 

 per tonne cfr Qingdao, up $0.19 per tonne. MB 62% Fe Iron Ore Index-

 Low 

 Alumina: $87.32 per 

 tonne cfr Qingdao, down $0.03

 per tonne. MB 58% Fe Premium Index: $78.74 per tonne cfr Qingdao, up 

 $3.12 per 

 tonne. MB 65%

 Fe Iron Ore Index: $100.80 

 per tonne cfr Qingdao, down $0.10 per tonne. MB 62% Fe China Port 

 Price 

 Index: 

 617 yuan per 

 wet metric tonne (implied 62%

 Fe China Port Price $81.45 per dry tonne), up 4 yuan per wet metric 

 tonne. 

 Key drivers 

 China’s stocks and ferrous 

 futures markets advanced across the board...