Tag: china iron ore price rose
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China: Iron ore prices rise amid falling port inventories
The spot price of iron ore in China rose on 9 Sep’22 amid falling port stocks. Benchmark Fe 62% fines prices moved up by $3.85/t to $103.65/t CFR China. As China approaches the mid-autumn festive holidays, some steel mills tend to pick up more stock from ports to plants for production usage. However, the typhoon…