Intel Details

China: Iron ore spot prices down on bearish demand outlook

16 Jun 2022, 11:31 IST
Steel Mint Intel

The spot price of iron ore in China fell on 15 Jun'22 as buying interest continued to remain weak amid unfavourable market sentiments. Benchmark Fe 62% fines prices moved down by $3.35/t to $130.85/t CFR China. As market participants continued to remain cautious, market indications and transaction volumes in the seaborne market remained low.

16 Jun 2022, 11:31 IST
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