Author: Lalita

  • Spot iron ore prices stabilize on cautious buying

    Spot iron ore prices stabilize on cautious buying

    Spot iron ore Fe 62% fines price remained almost stable at $173/t CFR China as buyers turned cautious due to policy uncertainties. While the Tangshan curbs were firmly in place, some sources speculated a possible loosening of curbs in the medium term, as the rising cost pressure caused by the high steel prices to the…