The spot price of iron ore Fe 62% fines rose by $1.35/t on 28 Jun’21 to settle at $220.05/t, CFR China, on tight availability of mainstream fines amidst strong demand. End-users preferred procuring on the basis of immediate requirements, while lack of spot market offers further bolstered the market. DCE iron ore futures, on the other hand, moved up slightly by RMB 11/t on 28 Jun.
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