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Spot iron ore prices remain stable

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Publish time: 6th March, 2013      Source: ChinaCCM
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It's reported that the spot iron ore prices have remained stable recently.

At present, the spot prices of Indian fine ores contain 63.5% Fe have kept unchanged at US$152.25~US$153.25/ton.

Industry sources pointed out that decreased demand for iron ore from China may cause iron ore prices fall but the hurricane in Australia may affect the iron ore supply and support iron ore prices to rise.