Tag: China spot iron ore prices
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China: Iron ore spot prices stable as market assesses India’s export duty hike
The spot price of iron ore in China remained stable on 23 May’22 as market participants assessed the news of India’s recent increase in export duties for some iron ore grades and concentrates. Benchmark Fe 62% fines prices inched down by $0.30/t to $135.95/t CFR China. Indian government raised the country’s export duty on iron…