Spot iron ore fines prices in China have increased today by 3% i.e USD 1/MT. Fe 62% fines is at USD 50.1/MT, CFR China.
Spot iron ore prices in China have increased by USD 1/MT. Fe 62% fines is at USD 50.1/MT, CFR China. Prices had last touched USD 51/MT, CNF China level on 31 Mar, 2015. Some steel mills have resumed production which has resulted in slight improvement in the prices.
Global Iron Ore Prices as on 14 Apr’15
|
|
Material Type |
|
| Fe 63/62, India | Fines | 50.1 |
| Fe 63.5/63, India | Fines | 51 |
| Fe 61/60, India | Fines | 44 |
| Fe 59/58, India | Fines | 30 |
CNF China prices
Source: SteelMint Research
*till 14 Apr’15
Iron Ore Stocks at Chinese major Ports witness slight reduction: Iron ore stocks at Chinese major ports have fallen slightly from 96.41 MnT to 95.37 MnT.
Leave a Reply