Author: Alok Thakur
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Increase in Stocks at Chinese Port may hamper Purchase of Iron Ore
Seaborne Iron ore prices remain firm on low demand from steel mills and traders in China. Iron Ore Fines Prices on 03 Mar,2014 Country Grade Price in USD/MT (CNF) India Fe 63.5/63 118 Fe 61/60 111 Fe 59/58 101 Fe 53/52 75 Brazil Fe 65 119 Australia Fe 61.5 117 Source: SteelMint Iron ore stocks…