Spot iron ore prices drop sharply

Keyword:
Publish time: 21st August, 2013      Source: ChinaCCM
Information collection and data processing:  CCM     For more information, please contact us

It's reported that the spot iron ore prices have dropped recently.

At present, the selling prices of Indian iron ore fines contain 63.5% Fe to China are at US$139.25~US$140.25/ton CFR, falling by US$3/ton from the previous selling prices of US$142.25~US$143.25/ton CFR.

Industry sources pointed out that the decreased steel prices in China caused the spot iron ore prices drop.