Chinese spot iron ore prices yesterday remained under pressure due to weak buying interest for Jan ’21 loading cargoes amid unpredicted futures market trend. Price for Fe 62% fines was assessed at $163.05/t CFR China, down by $3.95 d-o-d. DCE iron ore futures yesterday fell by RMB 28.5/t and SGX iron ore futures decreased by $3.38/t, as per SteelMint assessment.
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