Spot 63.5/63  iron ore fines stable at $145-147/t CFR China

Iron ore prices in Chinese spot market kept unchanged on Monday morning with buyers prefer to wait for clear direction.Australian mainstream PB fines of 61% Fe is hovering around $144-146/t CFR.

Although some Indian exporters are still holding their offers high on restricted supply and hopes of some recovery in iron ore prices.A large Indian merchant exporter is offering 63.5/63 Fe iron fines at around $148-150/t CFR, but sources did not confirm if the cargo was sold.


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