Tag: Chinese Iron Ore Prices

Spot iron ore price fell by $2.25 due to slow steel demand post-holiday and following weaker futures. The price for iron ore fines (Fe 62%) stood at $172.2/t CFR China. Iron ore futures May contract in DCE marked a decrease by RMB 14.5/t and Mar iron ore futures in SGX dipped by $1.3/t yesterday, as…