Tag: China iron ore price
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China: Spot Iron Ore Prices Decline on Weakening Futures
Iron ore price for Fe 62% fines has decreased yesterday. Benchmark iron ore fines (Fe 62%) index was assessed at USD 64.25/MT CFR, China as on 19th June’18 down by 3% against USD 66/MT a week ago, less by USD 1.75/MT W-o-W basis. Iron ore futures came down sharply in China resulting in a decline…