Chinese Iron Ore Market Transaction Not Active

  • Thursday, August 25, 2011
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  • Keywords:iron ore
[Fellow]
The price of iron concentrate powder in most part of China remained stable. Inquiry is active while resource is not sufficient. The whole deal is not ideal.
 
Imported iron ore quoted price in port kept steady, but the whole transaction was still not ideal. Indian fines 63.5% price is $185-187/mt CIF China.
 
The whole iron ore market is expected to remain steady recently.
 
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