Author: Alok Thakur

China spot market opens with positive signals on Monday after touching seven month low of USD 120/MT CFR China on 12 Feb, 2014 for Fe 63.5/63 grade. Indian Iron ore exporters are offering Fe 53/52 grade material at USD 80/MT and 63.5/63 at USD 123/MT CFR China. Spot Iron ore fines prices up in china…