Iron Ore: Spot Prices on Course for First Fall in Four Weeks

- November 26th, 2011

Reuters Africa reported spot iron ore prices fell for a fourth time in five sessions with Chinese buying interest stalling.

Reuters Africa reported spot iron ore prices fell for a fourth time in five sessions with Chinese buying interest stalling.

As quoted in the market news:

China steel futures slipped 0.7 percent on Friday, taking its weekly loss to 2.6 percent, its steepest decline in a month. That is likely to put more pressure on iron ore prices which are also headed for their first weekly drop in four weeks.

Click here to read the full Reuters Africa report.

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