Spot iron ore prices continue to move up specially after supply from world's largest iron ore exporter, Australia remained restricted on disturbed shipments due to cyclone.
Indian 63.5/63 Fe iron ore fines hit $ 148-150/t CFR, although big Indian exporters hold their offers at $154-155/t CFR China.
Indian exports of iron ore slipped to 3,39,000 tonnes in November 2012 down by almost 90% from November 2011 shipment, which stood around 4.6 million tonnes.
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