Offers for spot iron ore in China continued to be steady on
Monday. Indian exporters offered Fe 63.5/63 at $187-188/MT and a deal for the
same was heard being concluded at $ 187/MT
Australian 62% Newman fines also remained unchanged at
$183-$185/MT (CNF)
China's iron ore imports have rose to 59.09 million tonnes
in August, its highest since March and market players expect the demand to
remain firm in the coming months.
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