Tag: Chinese spot Iron ore Prices
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Global Iron Ore Prices Reach Below USD 55/MT
Global iron ore prices have again touched to a level of USD 53.2/MT, CFR China on 30 Marβ16. Starting Week 14, prices again tumbled down by USD 5/MT. Prices are down as less transaction activity was seen and even after steel prices are up. Chinese steel prices have moved up as steel producers have increased…