Spot 63.5% Fe iron ore prices continue to head south

May 10, 2012 | 06:00 AM |

China's imported iron ore market remained downbeat on Thursday May 10 as weak steel prices keep buyers away.
Prices of 63.5% Fe Indian fines stood at $145-146 per tonne cfr, down from $145-147 per tonne cfr on Wednesday.
"Some traders are lowering their prices, but they still cannot attract buyers," one iron ore trader in Shanghai said.....

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