Tag: Global
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Indian Iron Ore Importers Halt Purchases On Further Price Correction
The global iron ore prices have retained its strength since yesterday’s close. The prices moved slightly up by USD 0.5/MT at USD 64.7/MT against USD 64.2/MT on Wednesday for grade Fe (62%), CFR China. An Indian importer explained that, “due the current high volatility in the market everybody is in the wait-and-watch mode to avoid…