Author: Nidhi Awasthi

Iron ore fines (Fe 62%) spot prices increased d-o-d by $1/t to $99.25/t CFR China on 24 Oct’24. Buyer interest declined, with many adopting a wait-and-see approach, which impacted seaborne iron ore trading. Slowing construction activities in northern China due to falling temperatures has shifted focus to the southern markets. Anticipation of policy easing before…