Tag: China spot iron ore
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Imported iron ore prices in China surge to one-year high, will it sustain ?
Chinese spot iron ore fines prices increased sharply this week amid robust Chinese demand after rains and hike in futures. The prices as on 4th Aug’20 was assessed at $ 118/t, CFR China. The global iron ore prices observed at $ 116.35/t,CFR China in the beginning of the week, up sharply against $ 111.45/t,CFR China…