Spot iron ore price edges up amid uncertainty over Q1 supply

Spot price for iron ore Fe 62% fines rose by $1.35 d-o-d to $172.8/t CFR China on lingering concerns over near-term supply amid firm demand for high grade iron ore fines. Yesterday, iron ore futures market remained largely stable with DCE iron ore May futures closing at RMB 1,053/t.


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