Tag: China iron ore price

China: Spot Iron Ore Prices Drop Amid Declining Futures

May 21, 2018

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by

Indranath Jha

in Fines/Lumps

Iron ore price for Fe 62% fines has witnessed a decrease since the beginning of the last week. Benchmark index is assessed at USD 65/MT CFR, China today (21st May’18) fall of 4-5% W-o-W. It closed at USD 68.25/MT CFR, China last week on Monday 14th May’18. The downtrend in the seaborne iron ore prices…