Tag: Chinese spot Iron ore Prices

After hitting a new 10-year low at yesterday’s closure, spot iron ore prices bounce back by 10% today. Chinese sport iron ore (Fe 62%) prices bounced back to USD 48.3 /MT, CFR China. Yesterday, the price reached at 10-year low and was USD 44.1/MT, CFR China. Today, Shanghai rebar prices also rose by 5%. In…