Tag: China spot iron ore prices
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China: Iron ore spot prices rebound as demand rises
The spot price of iron ore in China bounced back on 11 May’22 due to demand returning to the market. Benchmark Fe 62% fines prices increased by $5.40/t to $133.50/t CFR China. Trading activity picked up recently, with a number of trades of medium-grade fines heard in the secondary market.