Tag: Seaborne iron ore proces
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Global Iron Ore Prices Stable at USD 81/MT amid Production Cut
Global iron ore prices remained stable at USD 81/MT, CFR China as on 19 Dec’16 as steel prices and futures dropped down amid announcement of production cut. Iron ore demand remained dull due to pollution cut measures taken in the Hebei region. In addition, Tangshan has also ordered sintering operations cut by 50% amid ongoing…