Saturday, March 19,
Spot iron ore prices in China slip down marginally by $1-2/MT on falling Chinese steel futures..* Fe 63.5/63 of Indian cargo is being heard quoted at $ 172 /MT. Inventories of imported iron ore at major Chinese ports fell 810,000 tonnes this week to end at 79.59 million tonnes. However, stocks of Indian iron ore rose 140,000 tonnes to 13.77 million tonnes.
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