Tag: Chinese spot Iron ore Prices
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Global Iron Ore Prices Move Down Amid Limited Trade Activities
After a long uptrend followed by prices at a level of USD 62/MT till last week, global iron ore prices are moving down gradually. Currently, prices have touched to a level of USD 59/MT on 29 Aug’16. Today, seaborne iron ore market remained quiet with very fewer trade activities. Traders lowered their offer prices to…