Tag: Chinese spot Iron ore Prices
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Global Iron Ore Market Drivers in Dec’15
Global iron ore prices have witnessed a lot of ups and down in Dec’15. Starting Dec’15, prices touched to a level of USD 37/MT, CFR China (all time low), geared up somewhat from mid Dec’15, finally ended at USD 42.5/MT on 31 Dec’15. First half of Dec’15 turned out to be downturn. Prices during that…