Tag: China iron ore prices
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China spot iron ore fines price hit over six-years high
Chinese iron ore fines prices increased sharply today (18th Aug) to $127.6/t, CFR China against $ 121. 9/t, CFR China assessed yesterday. The prices have picked up amid surge in futures, supply tightness of Australian medium grade fines and robust steel demand outlook considering investments announced in infrastructure sector. Dalian iron ore futures closed RMB…