Tag: china iron ore prices drop
-

China: Spot iron ore prices fall d-o-d amid weak demand outlook
The spot prices of iron ore in China fell d-o-d on 17 Oct’22 on poor buying activity and weak demand outlook. Benchmark Fe 62% fines prices declined by $2.40/t to $93.75/t CFR China. The resurgence in Covid-19 infections in China has also created logistical challenges at a number of steel product distribution locations, causing worry…