Tag: China lorn ore prices stable

China: Iron ore prices stable d-o-d as demand slows down before holidays

Jan 13, 2023

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by

Ratiram Gurjar

in Fines/Lumps

Spot prices of iron ore in China remained largely stable d-o-d due to weak buying interest. Benchmark Fe 62% fines prices inched down by $0.35/t to $123.65/t CFR on 12 Jan’23. The seaborne buying interest is receding as the Lunar New Year festival is approaching. As per sources, most steel mills have stocked up sufficient…