Spot iron ore prices continue falling

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Publish time: 28th June, 2013      Source: ChinaCCM
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It's reported that the spot iron ore prices have continued falling recently.

At present, the spot prices of Indian iron ore fines contain 63.5% Fe to China have dropped to US$115.25~US$116.25/ton CFR, falling by US$1.5/ton from the previous US$116.75~US$117.75/ton CFR.

Besides, the spot iron ore prices have fallen for consecutive three days.

Market participants said that that decreased iron ore prices were caused by the finance crisis in China.