Spot iron ore prices increase sharply

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Publish time: 23^rd July, 2013 Source: ChinaCCM
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It's reported that the spot iron ore prices have surged sharply recently.

At present, the spot prices of Indian iron ore fines contain 63.5% Fe to China are at US$132.5~US$133.5/ton CFR, higher than the previous prices of US$130.5~US$131.5/ton CFR.

Besides, the spot iron ore prices have jumped by US$18/ton recently.