As many as 8,015 wagons were transferred through the Izov-Hrubieszów border crossing since March 1 till March 15, 2023 with the average daily handling rate of 534 units (up 48 units per day compared to February), of which 445 wagons per day were heading on export direction and 89 wagons per day were moving…… Read more »
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 prices had been growing in China ahead of long winter holidays, as most of local steel works had been actively replenishing the stockpiles of imported raw material.
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;