Seaborne iron ore prices edge up amid thin trading activity

Iron ore prices in the seaborne market showed a slight uptick on Monday May 23 amid limited trading, with most market participants cautious about concluding deals amid market uncertainty created by a rise in India’s tariff on iron ore exports, sources told Fastmarkets.

Key drivers

The most-traded September iron ore futures contract on the Dalian Commodities Exchange (DCE) opened higher on Monday and traded flat thereafter, eventually closing up by 2.49% from the...

Published

Norman Fong

May 23, 2022

12:00 GMT

Singapore