Asian iron ore prices hit 8-month high amid firm fundamentals, resilient buying
November 16, 2023 Comments Off
Seaborne iron ore prices picked up momentum to break through the $130/dmt CFR China mark on Nov. 14 for the first time since March. Platts, part of S&P Global Commodity Insights, assessed the 62% Fe Iron Ore Index at $132/dry mt CFR North China on Nov. 15. The strengthening iron ore prices observed in recent days are supported by various…
Asian iron ore prices hit 8-month high amid firm fundamentals, resilient buying
Seaborne iron ore prices picked up momentum to break through the $130/dmt CFR China mark on Nov. 14 for the first time since March. Platts, part of S&P Global Commodity Insights, assessed the 62% Fe Iron Ore Index at $132/dry mt CFR North China on Nov. 15. The strengthening iron ore prices observed in recent days are supported by various…
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