Tag: Chin spot iron ore prices up

Iron ore spot prices in China rose d-o-d as China’s steel sales improved. Benchmark Fe 62% iron ore fines prices moved up by $1.9/t to $123.75/t CFR China on 14 Feb’23. According to sources, most mainstream medium and high-grade fines still experienced import losses, while low-grade fines saw some import margins. The portside market was…