China’s new state-run agency explores expanding into spot iron ore procurement

Mining News Pro - The state-backed China Mineral Resources Group (CMRG) is exploring ways to cooperate with market participants on procuring spot iron ore cargoes, state-owned China Metallurgical news said in an update on its WeChat account late on Tuesday.

Chinese Spot Iron Ore Fines Price Rise to 8-Month High

Mining News Pro - Iron ore price for Fe 62% fines has been witnessing increase since the beginning of last week.

China: Spot Iron ore Prices Uptick

Mining News Pro - Iron ore price for Fe 62% fines has been witnessing increase since the beginning of last week. Benchmark iron ore fines (Fe 62%) index increased today and is assessed at USD 65.2/MT CFR, China against USD 63/MT a week ago. Thus on W-o-W basis, it has climbed by USD 2.2/MT.

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