Author: Nishtha Mukherjee
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Iron Ore Stock at Chinese Ports Falls by 1.5% W-o-W
Despite stock falling at ports, iron ore prices continue to fall over weak demand and reduced imports. Chinese iron ore stock as on 26 June’15 was recorded at 80.6 MnT, which is down by 1.2 MnT (1.5%) compared to last week. Downtrend in spot iron ore fines (Fe 62%) prices continued today as well…