China: Iron ore prices stable amid strong buying interest for low-grade fines

The spot price of iron ore in China remained stable on 15 Sep’22. Benchmark Fe 62% fines prices stood at $101.05/t CFR China. Portside liquidity was healthy, with trades centered on low and medium-grade iron ore products. Meanwhile, there were few offers in the secondary market because a lot of the traders bought cargoes to land at ports for sale.


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