Tag: China iron ore prices
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Spot Iron Ore Prices Pick Up on Falling Exports from Brazil
Chinese spot iron ore prices increased to USD 121.3/MT, CFR China, as on 1st July’19. The prices picked up as against USD 117.95/MT, CFR China towards last weekend. The drop in Brazil’s exports of raw material raised supply concerns amid constraint availability of material from Vale. As per data released by Brazilian Govt, the country’s…