Iron ore market // Week 5
Prices for imported iron ore can be called generally stable in China, with Australian Fe 61-62% iron ore fines being the only exception showing an upturn.
Prices for imported iron ore can be called generally stable in China, with Australian Fe 61-62% iron ore fines being the only exception showing an upturn.
Iron ore price trend looks pretty mixed in China due to high market volatility.
Quotes for imported iron ore have surged rapidly in China, firstly, owing to the government’s support of the domestic real estate sector; secondly, due to ongoing easing of quarantine restrictions in the country;