Higher seaborne demand prompts uptick in iron ore prices

Seaborne iron ore prices ticked up on Tuesday May 17 amid an increase in buying interest for seaborne cargoes, sources told Fastmarkets.

Key drivers
Seaborne cargo demand has been steadily improving in the past two weeks, with more inquiries from Chinese steelmakers, industry sources said.

Spot prices were stable on Tuesday...

Published

Alex Theo

May 17, 2022

11:33 GMT

Singapore