Spot 63.5% Fe iron ore prices jump $13 this week

China's imported iron ore market extended gains on the first trading day of 2013, as sentiment remained bullish.

Mainstream assessment for 63.5% Fe content Indian fines stood at $153-155 per tonne cfr China on Friday January 4, up $8 from Monday and $13 higher week-on-week. Spot prices are now at their highest level since November 18 2011. "There have been some enquiries from steel mills during the day, but supply...


January 04, 2013

09:45 GMT