Copying and distributing are prohibited without permission of the publisher

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...

All material subject to strictly enforced copyright laws. © Euromoney Institutional Investor PLC.

subscribe to this feed Comment & analysis

Upcoming Events

MB Glossary

From Aluminium to Zinc...
Search this free glossary on metals

Try the new Metal Bulletin BETA site...

We've added some great new features and tools which we think you'll find useful:

  • Easier to use navigation including links to new sections
  • Cleaner interface for the Price Book with easier to use data views
  • More dedicated pages for specific metals e.g chrome, antimony, nickel
  • Better search tools for news and prices with handy filters

Simply click 'Yes please' below to go straight to the BETA site
(Please note: you will need to log into the BETA site on your first visit. Plus you can return to the original site any time you wish)