Author: Nidhi Awasthi

Spot prices of iron ore fines (Fe 62%) decreased by $1.05/t d-o-d to $92.25/t CFR China on 4 Sep’24, due to persistently weak downstream demand and bearish market sentiments. According to sources, the anticipated seasonal boost in demand from the “Golden September and Silver October” period has failed to materialise, which has been compounded by…