Iron Ore Prices in East China to Fall Next Week

Published: Mar 24, 2023 15:09

Source: SMM

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SHANGHAI, Mar 24 (SMM) – Iron ore prices in east China rose this week, driven by rising imported ore prices a week ago.

SHANGHAI, Mar 24 (SMM) – Iron ore prices in east China rose this week, driven by rising imported ore prices a week ago. However, the slump in iron ore futures prices discouraged traders from making inquiries in the spot market. Considering the deep fall in imported ore prices last week, it is expected iron ore prices in east China will drop sharply next week.

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