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Spot 63.5% Fe iron ore prices down $2-3 for the week
November 30, 2012 - 09:05 GMT
Location:
Shanghai
KEYWORDS:
China
,
iron ore spot prices
,
63.5% Fe Indian fines
,
Vale
,
China Beijing International Mining Exchange
China’s imported iron ore market declined for a second week as steel prices continued to weaken.
Spot prices of 63.5% Fe Indian fines were in the range of $118-120 per tonne cfr China on Friday November 30, widening downwards from Thursday’s $119-120 per tonne cfr range.
The prices are also $2-3 lower than a week earlier and are now down to the level seen on October 17.
“The breadth of drop seen in iron...
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Euromoney Institutional Investor PLC.
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