Author: Lalita
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Spot iron ore price near two-month low
Spot iron ore fines Fe 62% price fell by $5.95 d-o-d to $150.1/t CFR China due to sluggish forward buying sentiments with Chinese New Year holidays ahead and drop in futures. As per sources, current speculative spot demand is focused on Feb loading cargoes and buyers are in no hurry to take positions for Mar…