Tag: Chinese spot Iron ore Prices
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Global Iron Ore Prices Hit 2 Month Low, Future Gloomy
Global iron ore prices are witnessed at USD 57/MT. After the steep rise to a level of USD 62/MT, prices have started going down as steel prices are falling gradually. Chinese steel prices fell to 2-week low. Chinese domestic billet (Q235) offers were lowered by RMB 60/MT as compared to the last week. Today, billet…