Iron ore spot prices reach 6-month high in China
Dec 27, 2012 | 12:13 PM
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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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