Steel price optimism pushes spot iron ore tags higher

Jun 26, 2009 | 01:06 PM |

Spot iron ore prices have increased to $81 to $82 per tonne c.f.r. China, backed by optimism in steel prices, market participants said.

Prices for 63.5-percent-grade Indian material have risen almost 20 percent from a range of $67 to $69 in late May and are now close to February's level of $84 to $86 per....





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