Tag: Global iron ore prices
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4 Reasons Why Global Iron Ore Prices May Remain Under Pressure
Global iron ore prices are currently assessed at USD 55/MT, CFR China, down by USD 7/MT, CFR China as compared to last month. The prices had skyrocketed in Aug’16 and touched to the level of USD 62/MT, CFR China. The major reason behind this decline in iron ore prices was the G-20 summit in the…