Tag: China spot iron ore prices

Iron ore fines (Fe 62%) price in China has increased sharply today (i.e. 09 Nov’16) by USD 3.2/MT D-o-D and touched USD 71/MT, CFR China. The prices have hit highest level in this year. Surge in coking coal prices, further pushed up spot billet and rebar prices in China today, which further pushed up iron…