Tag: Spot Iron Ore Prices
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China: Spot Iron Ore Prices fall by USD 2-3/MT; Fe 62 at USD 65-66/MT
Seaborne Iron ore prices in China observed a sharp fall on Tuesday amid falling Rebar and Billet prices in the domestic market. Imported Iron ore prices fell to USD 66/MT, CIF China for Fe 62% fines. Chinese importers highlighted, “Markets are quite bearish at the moment. Despite falling Iron ore inventory at ports, prices are falling.…