Tag: china iron ore price rise
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China: Iron ore prices rise on improved trading activity
The spot price of iron ore in China rose slightly on 24 Aug’22 due to improved market liquidity. Benchmark Fe 62% fines prices inched up by $0.20/t to 102.50/t CFR China. Trading activity on the seaborne market increased slightly, with multiple trades concluded. However, some sources are still cautious about the uncertain iron ore demand…