Iron ore prices largely steady amid limited trading activity ahead of upcoming holiday

Seaborne iron ore prices were largely steady on Thursday January 27 amid limited trading activity ahead of the upcoming week-long Lunar New Year holiday in China, which starts on February 1, market sources told Fastmarkets.

Key drivers
Overall sentiment in the iron ore market was unchanged with demand largely limited following the end of restocking activity by steelmakers in China, sources said.

There were fewer...

Published

Alex Theo

January 27, 2022

11:13 GMT

Singapore