Tag: China iron ore port inventories
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China: Seaborne Iron Ore Prices Fall Amid Softer Demand
Seaborne iron ore prices in China have moved down amid subdued demand and falling futures. Benchmark iron ore fines Fe 62% index is hovering around USD 74.3/MT, CFR China which was assessed at around USD 75.9/MT, CFR China in the beginning of last week. Also, steel mills have finished most of the restocking ahead of…