Spot prices of iron ore in China improved d-o-d as liquidity and market confidence increased. Benchmark Fe 62% fines prices rose by $1.25/t to $96.45/t CFR China on 24 Nov’22. Seaborne trading activity rose, with many mainstream medium-grade fines deals concluded in the primary market. Compared to the past few days, portside trading activity is showing an uptick.
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