Spot iron ore prices in Chinese market remained unchanged along with billet prices.Though traders are not very confident about the market as more and more offers from Australian and Brazilian miners will keep prices under check.
Sources tell that there is almost 6,00,000 tonnes of iron ore to be tendered in coming weeks, due to this traders might cut their offers.
Indian 63.5/63 Fe fines offered at around $124/t levels with no confirmation of any deal.
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