Spot 63.5% Fe iron ore price firms on Monday

Apr 09, 2012 | 04:22 AM |

China's imported iron ore market stayed firm on Monday April 9, supported by rising steel prices. Spot prices of 63.5% Fe content Indian fines stood at $149-151 per tonne cfr China during the day, unchanged since March 28. "The spot market is quiet today as Australian miners are on holiday and some people are still waiting for a clearer direction," one iron ore trader....





Latest Pricing Trends

Poll

Do you think steel mills will succeed in their efforts to stop selling at a discount to the CRU index?

Yes
No
It’s too early to tell


View previous results

AMM Events


Quote

This whole thing is becoming a game of smoke.

Midwest service center