Wednesday, June 22, 2011
Shanghai : Spot iron ore prices dropped $2 on Wednesday, continuing its slide after a two-week rally, as Chinese buying dried up with the domestic steel market declining. Prices of 63.5% Indian fines have dropped further to $177-178 per tonne cfr main Chinese ports, with mainstream offers at around $178 cfr. "The market seems to be filled with gloom, and any price support from high contracted prices in the third quarter and the....for more details visit Metalbulletin
Tags : China , India , spot iron ore
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