[www.ferro-alloys.com] After rising in early June, North China’s iron ore benchmark prices now stand above the US$50/ton. The Tianjin’s 62% iron ore import prices have increased for the third consecutive days, rose to US$53.4/ton.
Morgan Stanley predicted that second half of the year, iron ore prices will expect to fall sharply from current levels, but the company recently raised its prices for iron ore.
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- [Editor:Chen Zhen Seng]
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