Author: Nidhi Awasthi

Iron ore fines (Fe 62%) spot prices inched up by $0.20/t d-o-d to $97.25/t CFR China on 7 Jan’25 amid balance between supply and demand dynamics, cautious cost control measures by buyers, and steady trading activity. While low-grade fines saw increased liquidity, their cost-effectiveness is under scrutiny compared to medium-grade options, leading to a shift…