Tag: Chinese spot Iron ore Prices
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Global Iron Ore Prices Surge to USD 59/MT Amid Production Cut in Tangshan
Iron ore prices in China have witnessed a sharp rise today (12 Jul’16) and have moved up by USD 4/MT D-o-D. Against yesterday’s closure of USD 55.4/MT, CFR China Australian iron ore fines (Fe 62%) price was recorded today at USD 58.8/MT, CFR China. Prior to this, prices were last seen at this level 6…