Tag: Chinese spot Iron ore Prices

China: Iron Ore Prices Dropped by USD 10/MT in May’17

Jun 1, 2017

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by

Nishtha Mukherjee

in Uncategorized

Amid dull trade activities, rising iron ore stock at Chinese major ports and slump in steel prices, spot iron ore prices in China witnessed a significant decline in May’17. Monthly average spot iron ore prices in China fell by USD 10/MT M-o-M from USD 70/MT, CFR China in Apr’17 to USD 60.9/MT, CFR China. In…