Tag: China iron ore futures
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China: Imported iron ore prices decline to over two-year low
Spot prices of iron ore in China continued to fall amid poor liquidity with most market participants remaining cautious about buying. Benchmark Fe 62% fines prices moved down by 5.71% month-on-month to $82.5/t CFR China on 27 October, 2022, dropping to over two-year low. Comparatively, local iron ore prices in China have marginally decreased but…