Tag: global iron ore price trend
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China: Iron ore spot prices rise d-o-d with rise in trades
Iron ore fines (Fe 61%) spot prices edged up by $0.3/dmt to $99.3/dmt d-o-d CFR China on 26 Feb supported by firm restocking demand and favourable import margins. Trading activity remained active as China tightened sintering controls ahead of the upcoming sessions. Meanwhile, portside iron ore prices remained rangebound with limited trades, as sellers reassessed…