Spot iron ore prices gain further on restocking demand

Spot iron ore prices yesterday, remained supported on expectations of sustained restocking demand. Iron ore Fe 62% price moved up by $1.3 to settle at $157.05/t CFR China. Meanwhile, Chinese iron ore futures continued uptrend and crossed the RMB 1,000/t mark with most-traded May futures in DCE closing at $1,007.5/t.


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