Tag: china spot iron ore prices down
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Global iron ore prices at one-year low. What factors are influencing this downtrend?
China’s spot iron ore prices continued to weaken after the Golden Week holidays. The benchmark Fe 62% fines price move down by $2.30/t d-o-d to $94.20/t CFR China on 13 October which was the lowest in 2022 and at its one-year low too. The prices of iron ore fines dropped by 3.66% compared with that…