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Spot 63.5% Fe iron ore price advances to $150-151 cfr

February 08, 2012 - 09:21 GMT Location: Shanghai

KEYWORDS: China , steel , iron ore , spot prices

China's imported iron ore market gained $1-2 on Wednesday February 8, as traders stuck to high prices and steel mills resisted buying due to a weak steel market.

China's imported iron ore market gained $1-2 on Wednesday February 8, as traders stuck to high prices and steel mills resisted buying due to a weak steel market. Mainstream prices of 63.5% Fe content Indian fines stood at $150-151 per tonne cfr China during the day, up from $148-150 on Tuesday. "Spot...

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