Tag: china iron ore price rise
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China: Iron ore prices rise as seaborne liquidity improves
The spot price of iron ore in China increased on 31 Aug’22 on improved seaborne liquidity. Benchmark Fe 62% fines prices were up by $3.35/t to $100.95/t CFR China. The seaborne market has seen a rise in purchasing demand as import margins have surfaced. Moreover, the iron ore futures market was also up during the…