Tag: iron ore price spread
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China: Price spread between high, medium Fe iron ore expands in seaborne market
PB fines (Fe 62%) prices fall faster than Carajas fines (Fe 65%) Lower prices of medium-grade ore prompt active trading The price spread between high- and medium-grade iron ore widened slightly in the seaborne market last week, even as high-Fe fines lost favour with loss-making Chinese mills against cheaper medium-grade alternatives, Mysteel’s survey showed. On…