Tag: Chinese spot Iron ore Prices

Global Iron Ore Prices Waved Up on Strong Steel Fundamentals

Jun 27, 2016

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by

Parul Jain

in Uncategorized

The seaborne iron ore market turned active and touched to a level of USD 53/MT, CFR China on 27 June’16. Prices moved up by USD 2/MT after a long gap of around 15 days. Firm steel prices and sentiments prevailing in China had supported spot iron ore prices, though trade seen was still thin. To…