Tag: China spot iron ore prices
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China: Iron ore prices rise despite weak market sentiment
The spot price of iron ore in China rose on 18 Jul’22 amid weak demand and market participants continuing to hold bearish expectations on market recovery. Benchmark Fe 62% fines prices moved up by $4.3/t to $100.9/t CFR China. As buying interest remains low in the seaborne market, liquidity remains low. Despite rising prices, several…