Tag: Chinese spot Iron ore Prices
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Global Iron Ore Prices Rebounds As Chinese Steel Prices Inches Up
Global iron ore prices are assessed at USD 58.3/MT, CFR China on 22 Mar’16. Prices are recovering back to USD 60/MT over the past last week as Chinese steel prices improves. Prices were dropped down to USD 37/MT, CFR China in Dec’15 where they had recorded new low. But, as the demand for steel improves…