Tag: China spot iron ore prices
-
China: Iron ore spot prices inch down on weak demand outlook
The spot price of iron ore in China fell on 14 Jun’22 as most sources continued to see weak demand in a falling market. Benchmark Fe 62% fines prices moved down by $2.40/t to $134.20/t CFR China. Portside demand was sluggish as liquidity remained poor. Mills are not procuring and activity is at a standstill.