Tag: domestic Iron ore prices
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Iron Ore Prices fall below USD 70/MT CIF China; Indian Steelmakers to benefit
Seaborne Iron ore prices further correct by USD 2-3/MT on index as well as in market to hit more than 5-year low. Australian Newman fines (Fe 62%) was offered at USD 72/MT without bids. On globalORE, Fe 62% PB fines for December delivery was bid at USD 68/MT. A Brazilian tender for Fe 62.23% fines concluded…