Tag Archives: Spot iron ore

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 ...

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 ...