Tag: high grade iron ore trades

Iron ore fines (Fe 61%) spot prices edged up by $0.6/dmt to $100.35/dmt d-o-d CFR China on 2 Mar as against 27 Feb. Trading activity slowed following strong restocking in the previous week, with buyers turning cautious amid macroeconomic volatility and restricting fresh demand. However, supportive import margins and ongoing restocking requirements sustained premiums. Material…