Tag: china iron ore price rise
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China: Iron ore prices rise amid decline in port inventory
The spot price of iron ore in China rose on 23 Aug’22 due to a slight decrease in inventory levels. Benchmark Fe 62% fines prices moved up by $1.65/t to $102.30/t CFR China. Seaborne buying activity remained slow, with only a few trades heard concluded in the market. The primary buyers were limited, while steel…