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iron-investing

Iron Ore: Prices Edge Higher

Investing News Network
Jan. 10, 2012 03:17PM PST
Base Metals Investing

Reuters Africa reported offer prices for imported iron ore in China edged higher on Tuesday.

Reuters Africa reported offer prices for imported iron ore in China edged higher on Tuesday.

As quoted in the market news:

Offers for Australian, Brazilian and Indian iron ore rose a dollar per tonne, said Chinese consultancy Umetal.

Australian Pilbara fines were quoted at $140-$142 a tonne, Newman fines were at $143-$145 and Indian 63.5/63-grade was offered at $146-$148, said Umetal. The prices include freight cost.

Click here to read the full Reuters Africa report.

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