Tag: IRON ORE
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China: Iron Ore Fines prices up by USD 2/MT in a Weeks’ Time
Iron ore fines prices of Fe 63.5/63 stands at USD 135/MT CFR China, up by USD 2/MT W-o-W. Similarly, Fe 59/58 stands at USD 118/MT CFR China. Market sentiments were positive last week owing to little restocking by Chinese Steel mills, and hoping that cash crisis would have been resolved. In spot market, prices for Fe…