Frets over highgrade iron ore ease as tech, mines open new .
WEBFeb 28, 2024 · With iron ore demand also lagging from a construction slowdown in China, t he Platts Iron Ore % Fe DR Pellet Premium price assessment fell to /dry metric ton on Feb. 1, down % from its July 2022 high of 107/dry metric ton. "I'm definitely more optimistic than I was two years ago," said Simon Nicholas, lead global steel .