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Spot iron ore prices stabilize

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Publish time: 6th December, 2012      Source: ChinaCCM
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The spot iron ore prices have stabilized recently after continuously falling for a period of time.

At present, the spot prices of the Indian iron ore fines contain 63.5% Fe to China remained unchanged at US$118.5~US$119.5/ton.

However, the prices are still US$4.5/ton lower than the previous high level of US$123~US$124/ton C&F.