Tag: global iron ore price

  • Global iron ore price slumps on demand concern

    Global iron ore price slumps on demand concern

    Mysteel SEADEX 62% Australian Fines had slumped to $158.7/dmt CFR Qingdao by August 17 – a low since March 22, or down $58.75/dmt on month or $71/dmt from it all-time high on May 12, as the market now is with the prevalent concern on the shrinking demand from China for the rest of the year.…