Tag: China spot iron ore prices
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China: Iron ore spot prices down on bearish demand outlook
The spot price of iron ore in China fell on 15 Jun’22 as buying interest continued to remain weak amid unfavourable market sentiments. Benchmark Fe 62% fines prices moved down by $3.35/t to $130.85/t CFR China. As market participants continued to remain cautious, market indications and transaction volumes in the seaborne market remained low.