Intel Details

China: Iron ore spot price edges lower on thin trading

5 Aug 2021, 12:19 IST
Steel Mint Intel

Spot prices of benchmark iron ore Fe 62% fines inched down by $1/t on 04 Aug'21 to settle at $183.15/t CFR China as procurement activities slowed down amidst a bearish market outlook shrouded by worries over revision in production control measures. DCE iron ore futures, on the other hand, remained largely stable at RMB 1,067/t.

5 Aug 2021, 12:19 IST
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