Tag: Chinese spot Iron ore Prices
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Why Global Iron Ore Prices are Rising Up?
The seaborne iron ore prices are witnessed at around USD 67/MT, CFR China on 07 Nov’16. Global iron ore prices have hit 6-month high. Prices moved up sharply by USD 2-3/MT in a daytime mainly due to robust coking coal and coke prices as well as restrictions imposed by Chinese government upon production and transportation…