Iron ore spot prices reach 6-month high in China

Dec 27, 2012 | 12:13 PM |

Tags  iron ore, export prices, tight supply, Chinese new year holiday

SHANGHAI — China’s iron ore import market gained momentum Thursday on stronger steel prices and tight supply.

Mainstream spot prices for Indian fines with 63.5-percent iron content rose to a range of $140 to $142 per tonne c.f.r. China, the highest level since late June.....

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