Tag: china iron ore price stable
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China: Iron ore prices remain stable amid improved buying interest
The spot price of iron ore in China were relatively stable on 25 Aug’22 with improvement in buying interest. Benchmark Fe 62% fines price was marginally down by $0.25/t to $102.25/t CFR China. Portside trading was strong in the early hours but weakened throughout the day. Buyers are likely to attempt to lock in costs…