Wednesday, March 16,
Spot iron ore prices have moved up by $2-3/MT as some buying interest was seen in Chinese spot market..*
Fe 63.5/63 was being heard being quoted at $172-173/MT. Chinese steel futures went up on anticipated demand from Japan, Bao steel & Wuhan steel have kept its prices unchanged.
Plate prices are expected to move up in short to medium term.
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