Tag: Global iron ore trade

Iron ore fines (Fe 61%) spot prices declined slightly by $0.1/dmt to $109/dmt d-o-d CFR China on 13 Mar d-o-d. Seaborne iron ore prices edged lower as buyers stayed on the sidelines amid concerns over procurement restrictions on certain high-grade fines and stalled negotiations. Mills monitored price movements between different grades, while stronger high-grade offers…