China’s iron ore spot prices fell by $1.25/t d-o-d to $130.60/t CFR China on 22 Feb’23 amid weak seaborne liquidity. Mills appeared more cautious and needs more time to regain confidence. They are still very concerned about the iron ore prices. At the portside, trading activities remained active in both Tangshan and Shandong regions, with traders actively purchasing cargoes, particularly when prices dropped.
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