Iron ore price holds
despite 12% fall in Chinese imports
The benchmark 62% Fe import price including freight and insurance at the Chinese port of Tianjin was steady at $63.80 a tonne according to data provided by The SteelIndex, the highest since mid-February.
A rally that began April has seen the price rise by more than 36% from record lows struck at the beginning of April but the steelmaking raw material still trades nearly 10% below 2015's opening levels..
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Quelle: Saxo Bank, Bloomberg, Mining.com
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