Iron ore markets are set to wake from their slumber

Phil Mislinski/Getty ImagesDragon Boating.
  • Iron ore spot markets were near static on Monday due to a public holiday in China.
  • The price for 62%, 65% and 58% fines was unchanged at $68.49, $89 and $39.19 a tonne respectively, according to Metal Bulletin.
  • Trade in Chinese futures will resume today at 11am AEST./strong>

Iron ore spot markets were near static on Monday due to a public holiday in China.

The price for 62%, 65% and 58% fines was unchanged at $68.49, $89 and $39.19 a tonne respectively, according to Metal Bulletin.

Trade in Chinese futures will resume today at 11am AEST.

The most actively traded iron ore and rebar contracts finished Friday’s day session at 472 yuan and 3,882 yuan respectively.

Steelhome consultancy will also release updated data on Chinese iron ore and rebar inventory levels today.

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