DAILY: China's Iron Ore Prices Up on Tuesday
Benchmark 62% imported iron ore price rose to $ 170.28 a tonne on Tuesday, based on SteelHome consultancy data SteelHome China Iron Ore Price Index (SHCNOI).
Currently, in Tangshan and Shandong, the supply of tradable Brazilian fines increased. Though the utilization of Brazilian fines has not raised, the demand momentum improved amid better cost-performance.
Other Info: Price Aggregates of Imported Ore at China Main Ports on Jan 12, 21
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