Author: Alok Thakur

Iron ore market in China continued its downward trend today. Prices decreased by USD 7/MT in last 1 week. Fe 63.5/63 Prices are at 8 month low Spot Iron ore prices were seen at USD 117 /MT on 1 Jul, 2013 for 63.5/63 grade. Prices decreased by USD 2/MT today owing to negative sentiments prevailed…