Spot 63.5% Fe iron ore prices gain another dollar on restocking

Dec 22, 2011 | 03:10 AM |

China’s imported iron ore market edged up by $1 on Thursday December 22 as Chinese steel mills continued to replenish their stocks. Mainstream prices of 63.5% Fe Indian fines stood at $141-143 per tonne cfr, up from $140-142 on Wednesday. “The market has seen some activity over the past couple days, as some mills have returned for restocking, but they....

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