Author: Nidhi Awasthi

Iron ore (Fe 62%) fines spot prices increased by $2.65/t d-o-d to $107.90/t CFR China on 19 Mar’24 amid recovery in buying activities. A few end-users were seen restocking iron ore at seasonally low prices. However, the recent hike in prices raised concerns over their sustainability because of dull downstream demand. Steel manufacturers are finding…