Tag: China spot iron ore prices
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China: Spot Iron Ore Fines Index Climbs to USD 108 on Supply Concerns
Spot iron ore fines Fe 62% index has picked up and was recorded at USD 108/MT, CFR China today. Prices increased amid supply constraints from world’s largest iron ore miner Vale and fall in iron ore inventory at Chinese ports. The prices have picked up USD 4/MT as against being USD 104/MT, CFR China towards…