Tag: Xhina iron prices up

China: Spot iron ore prices rise amid positive outlook post-Lunar New Year

Jan 20, 2023

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by

Ratiram Gurjar

in Fines/Lumps

The spot prices of iron ore in China increased d-o-d following the Lunar New Year holidays, and market players remained optimistic about steel and iron ore demand. Benchmark Fe 62% fines prices rose by $2.25/t to $124.95/t CFR China on 19 Jan’23. On the Chinese side, seaborne buying interest was poor as the majority of…