Spot 63.5% iron ore prices down $5 week-on-week

Dec 16, 2011 | 03:46 AM |

China’s imported iron ore market lost $5 this week as steel mills shelved purchase plans on concerns of a worsening economy. Mainstream prices of 63.5% Fe content Indian fines stood at $141-142 per tone cfr on Friday, unchanged from yesterday,....

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