Tag: Spot Iron Ore prices in China

Global Iron Ore Index Falls Below USD 70/MT, CFR China

Nov 21, 2016

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by

Nishtha Mukherjee

in Uncategorized

Weak demand and dull buying sentiments in finished steel market in China, brought down seaborne iron ore prices by about USD 3/MT today. Continuing the downtrend, iron ore prices in China declined today (i.e. 21 Nov’16) further by USD 2.8/MT, CFR China. Fe 62% fines index stood at USD 69.8/MT, CFR China. Following reasons have…