Author: Alok Thakur
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China: Spot buying from Traders results upward Movement in Prices
Spot Iron ore prices shows upward movement after touching lowest in last 18 Month to USD 105/MT on 11 Mar, 2014. Prices improve by USD 3-4/MT with buying increased from traders in China. Chinese traders shows interest in spot buying of Iron ore as the market touches the lowest as well buying increase in anticipation…