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The spot iron ore prices have surged sharply currently.At present, the spot prices of Indian iron ore fine contain 63.5% Fe to China are at US$124.5~US$125.5/ton C&F, soaring substantially by US$3/ton from the previous quotes of US$121.5~US$122.5/ton C&F.Also, the spot iron ore price hit the highest level since the early October.It's known that the spot iron ore prices started to fall from US$123~US$124/ton after the Chinese national vacation in October.