Mining.com reported that the iron ore price has held to a four-month high despite weakening demand in the 1.3 billion tonne seaborne iron ore market.
Mining.com reported that the iron ore price has held to a four-month high despite weakening demand in the 1.3 billion tonne seaborne iron ore market.
As quoted in the market news,
The benchmark 62% Fe import price including freight and insurance at the Chinese port of Tianjin was steady at $63.80 a tonne according to data provided by The SteelIndex, the highest since mid-February.