Tag: Chinese spot Iron ore Prices

Global iron ore prices retreats to USD 58/MT, CFR China on 09 Mar’16. Prices have fallen by around USD 4/MT, after registered highest ever single day gain of USD 11/MT on 07 Mar’16. Global iron ore index had been dropped down by 6% upon fall in Chinese steel prices. On 07 Mar’16, Chinese domestic billet offers…