Tag: China spot iron ore prices

China: Iron ore spot prices fall on weak demand outlook

May 11, 2022

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by

P Anjali

in Fines/Lumps

The spot price of iron ore in China fell on 10 May’22 due to weak market demand. Benchmark Fe 62% fines prices fell by $3.25/t to $128.10/t CFR China. Despite an increase in medium grade fines premiums, sources continue to see weakness in the market.