Author: Nidhi Awasthi

Iron ore fines (Fe 62%) spot prices increased by $2.65/t d-o-d to $108.15/t CFR China on 11 Jul’24 amid mixed market sentiments. The latest steel data showed a decrease in rebar inventories and a recovery in production and demand for HRC, which supported iron ore prices. Meanwhile, market players have low expectations for the next…