Tag: Chinese spot Iron ore Prices
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Global Iron Ore Prices Hit 3-Month Low
In global market, iron ore prices were seen at the level of USD 50.9/MT, CFR China on 23 Oct’15. Prices at these level were last seen on 27 Jul’15. Globally, iron ore prices are under pressure due to weak steel prices in China, which has prompted mills to curb production. Today, although prices of spot…