Tag: China iron ore price up
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China: Iron ore spot prices inch up d-o-d on improved buying activity
Benchmark iron ore Fe62% fines prices edged up by $1.1/t d-o-d to $126.25/t CFR China on 3 Feb’23. Though overall seaborne buying interest was relatively low and import losses still persisted, the price increase was backed by improved demand from traders seeking to restock supplies at the port. Meanwhile, the portside trading activities were active…