Spot 63.5% Fe iron ore prices up on improved sentiment
Jun 14, 2012 | 04:56 AM
China's imported iron ore market edged upwards on Thursday June 14 on bullish sentiment following the Chinese government’s move in cutting its key interest rate last week.
Mainstream prices of 63.5% Indian fines stood at $137-138 per tonne cfr China, up from $136-138 per tonne cfr on Wednesday.
"Confidence is building up about the market being unlikely to slump again, and people....
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