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China's spot price of iron ore drops

The spot price of iron ore fines 62% to China is being offering at US$56.43/ton, dropping by US$0.18/ton or 0.32% from the previous price. The average price of iron ore was US$50.67/ton in the month.
Meanwhile, the China Iron Ore Price Index (CIOPI) decreased by 0.52 points or 0.25% week on week to 209.59 points as of April 30th, according to the latest statistics by the China Iron and Steel Association (CISA).

 Yieh.com

May 5, 2015 09:50
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