Tag: Chinese spot Iron ore Prices
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Global Iron Ore Market Bearish over Declining Steel Prices
Global iron ore prices are sinking down and recorded at USD 45.8/MT, CFR China on 18 Nov’15. Prices were seen to a level of USD 44-45/MT, CFR China in the month of Jul’15 ,recorded at a new 10 years low. Currently, prices are declining on account of persistent fall in Chinese steel prices as it…