Tag: Chinese Iron Ore Prices
-

Global Iron Ore Prices Rally as China Announces Production Cuts
Global iron ore prices have touched the level of USD 80/MT on 10 Jan’16. Prices have moved up by USD 4 in first two days of Week 2. Chinese government has announced deadlines to halt substandard steel production by 30 Jun’17. As a result of which, iron ore and steel futures rose today leading to…