Iron ore prices in Chinese spot market continued to stay strong on positive sentiments, prices moved up by 10-15 Yuan in spot market.
Chinese buyers, specially traders continue to keep their purchases strong on hopes of revival in steel prices. Also Chinese flat steel prices gained in domestic market on improved demand.
Australian PB fines of 61.5 Fe was heard to be concluded at $123/t CFR. Indian exporters however keep their offers same at $122-124/t CFR for 63.5/63 Fe.
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