Spot iron ore prices drop further

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Publish time: 27th September, 2012      Source: ChinaCCM
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It's reported that the spot iron ore prices have slid recently after sharply rising.

At present, the prices of Indian spot iron ore fine contains 63.5% Fe are at US$107.5~US$108.5/ton C&F, falling by US$2/ton from US$109.5~US$110.5/ton C&F.

Meanwhile, it's known that the spot iron ore prices have decreased by around US$7.5/ton since last Friday until now.