Tag: China Iron Ore
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China: Iron ore spot prices rise d-o-d amid market optimism
Iron ore spot prices in China improved d-o-d on 18 Nov’22 as resumption of production at mills boosted market confidence. Benchmark Fe 62% fines prices edged higher by $0.75/t to $99.10/t CFR. Several traders said that there was buying interest for seaborne cargoes but bids were limited. According to several market sources, the government is…