Tag: Iron Ore Fines
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China: Spot Iron Ore Market continues to be Sluggish
Seaborne market dropped by USD 1/MT, depicting the ongoing sluggish trend and offered Fe 63.5 at USD 120/MT CFR China. Stock piled due to long New Year holidays in ports are hampering the Seaborne Iron ore market. By witnessing sluggishness of the market, Steel mills in China are waiting for the prices to be stable. This…