Tag: Global iron ore trade

Iron ore fines (Fe 61%) spot prices rose by $0.25/dmt to $105.1/dmt d-o-d CFR China on 11 Mar d-o-d. due to steady spot trades in medium-grade fines.Higher inventories of mainstream fines at Chinese ports hurt portside prices. Mills remained cautious in procurement amid narrow margins, while elevated port stocks are likely to cap further price…