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Spot Iron Ore remains well bid despite a sharp slump on DCE

Despite a sharp slump on DCE iron ore futures, which were down by more than 3% on the most active contract, spot iron ore generally remained well bid, as per the Steel Index.   On global ORE, there were numerous bids for ...

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Spot iron ore lump premium slides to $0.12/dmtu as demand crumbles

Spot iron ore lump premiums continued to tumble Wednesday as there was no sign of a recovery in demand among Chinese buyers. Platts assessed the weekly spot lump premium at $0.12/dry mt unit, down $0.025/dmtu from the previous week. The ...

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