Tag: Chinese spot Iron ore Prices
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Global Iron Ore Prices Decline Following High Iron Ore Imports
Global iron ore prices are assessed at USD 39.3/MT, CFR China on 13 Jan’16. Prices are again on declining trend. There are ongoing couple of reasons impacting prices to move downwards. Those were China’s slow economic growth, weak steel demand and consumption. In addition, recently released China imports figures in 2015 have also affected prices…