The spot price of iron ore Fe 62% fines inched up by $0.75/t to $184.15/t CFR China on 03 Aug’21 as buying interest improved slightly with stability in premiums of mainstream iron ore fines. The derivatives market in China also remained supported, with the most-traded Sept’21 iron ore futures contract on the Dalian Commodity Exchange (DCE) closing slightly higher by RMB 8.5/t d-o-d.
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