Tag: Spot Iron Ore
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China: Spot iron ore prices fall by $3/t d-o-d
Iron ore (Fe 62%) fines spot prices decreased d-o-d by $2.65/t to $134.80/t CFR China on 30 Jan’24 on weak finished steel demand and the completed replenishment of iron ore procurement by the major mills in China, signalling a decrease in demand. However, some reports suggested last-minute restocking in a few more days with the…