Tag: Tangshan iron ore trades
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China: Iron ore spot prices inch up despite ample supply
Iron ore fines (Fe 62%) prices edged up by $0.1/dmt to $108.25/dmt CFR China on 22 Dec against 19 Dec. Trading stayed muted amid weak demand and ample non-mainstream Brazilian supply. The conclusion of some deals in Tangshan failed to lift sentiment, as lower pig iron output kept mill buying subdued. Although falling coke prices…