Tag: China spot iron ore prices

Iron ore price for Fe 62% fines has been witnessing increase since the beginning of last week. Benchmark iron ore fines (Fe 62%) index increased sharply by 7% to USD 77/MT yesterday (i.e 25th Oct’18) CFR, China against USD 72/MT at the end of last week. Thus W-o-W basis, it has climbed by USD 5/MT.…