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 today and is assessed at USD 65.2/MT CFR, China against USD 63/MT a week ago. Thus on  W-o-W basis, it has climbed by USD 2.2/MT. Reasons for the increase in…