Spot 63.5% iron ore price rises to $142-144 cfr

Dec 29, 2011 | 03:53 AM |

China's imported iron ore prices advanced by $1 on Thursday as some market participants were bullish before the Chinese new year. Spot prices of 63.5% Fe Indian fines stood at $142-144 per tonne cfr China during the day, up from $141-143 cfr on Wednesday. Australian tender was finalized at $137.8 cfr for Pilbara fines on Thursday,....

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