Tag: china iron ore price rise

The spot prices of iron ore in China improved d-o-d on optimistic steel data. Benchmark Fe 62% fines prices inched up by $1.60/t to $93/t CFR China on 21 Oct’22. Seaborne buying interest was muted due to poor import margins and market participants were cautious about buying more cargo. Portside liquidity was low, with large…