Spot 63.5% iron ore price climbs to $140-142 cfr China

Dec 21, 2011 | 03:53 AM |

China’s imported iron ore market warmed slightly on Wednesday December 21 as several buyers returned the market for restocking. Mainstream prices of 63.5% Indian fines stood at $140-142 per tonne cfr China, up $1-2 from Tuesday. One Australian miner sold a combined cargo at $134.2 cfr for Mining Area C fines and $138.2 cfr for Newman fines on Wednesday, sources said. “Chinese steel mills....

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