The spot prices of iron ore in China decreased d-o-d amid lower levels of trading as participants became cautious of large price movements during the day. Benchmark Fe 62% fines prices fell by $0.45/t to $112.70/t CFR China on 16 Dec’22. The seaborne market saw a lower activity compared to the previous day, with no primary market trades completed, and only some secondary market transactions taking place.
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