Global iron ore prices fall sharply

Friday, 07 April 2017 15:18:04 (GMT+3)   |   Istanbul
       

Global iron ore prices have fallen sharply today, April 7, amid the declines recorded in the Chinese futures markets and also due to the downtrend seen in domestic finished steel and semi-finished steel quotations in China.

 

Source of offer

Destination

Product

Iron content

Price ($/mt)

Daily price change ($/mt)

Sales term

Australia

China

PB fines

62%

75.1-75.5

-5.5

CFR China

India

China

Indian fine ore

63.5%

76.1-76.5

-5.5

CFR China

Brazil

China

Brazil fine ore

65%

88-89

-5

CFR China


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