[Ferro-Alloys.com] Prices of mid-grade Brazilian fines were up on Wednesday October 30, with a Brazilian Blend fines (BRBF) cargo fetching $85.60 per tonne, although market participants saw little scope for any major correction in mid-grade iron ore prices.
Key drivers Market participants were generally still concerned over the growing level of port inventories of mid-grade fines, with record volumes anticipated to be arriving in China over the next week or two from Australia, according to a trader in China. (Metalbulletin)
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