Tag: China iron ore prices up
-
China: Iron ore spot prices edge up d-o-d on improved seaborne liquidity
Spot prices of iron ore in China increased slightly d-o-d on improving demand. Benchmark Fe 62% fines prices inched up by $0.25/t to $98.35/t CFR China on 17 Nov’22. However, mills tended to make their purchases at the portside rather than from the seaborne market as they were still cautious. Portside liquidity remained stable.