Tag: China iron ore prices up
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China: Iron ore spot prices rise amid improved buying interest
Iron ore spot prices in China increased by $2.25/t d-o-d to $129.55/t CFR China on 20 Feb’23 on improved buying interest. Downstream steel demand is already increasing as Chinese employees returned to work after the holidays. At the portside, trading activities were quite active. With rising port market prices, sellers were actively offering, whereas buyers…