Spot iron ore prices remain range-bound

Iron ore spot prices yesterday remained under pressure on increased supply of cargoes from miners. Price for Fe 62% fines fell marginally by $0.20 d-o-d to $117.45/t CFR China. Also, dull futures market impacted iron ore prices. Iron ore futures in both Dalian and Singapore Exchange remained largely stable.


Comments

Leave a Reply

Your email address will not be published. Required fields are marked *