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Reuters reported iron ore prices steadied, and may end the week with modest gains that could stretch to next week if buyers resume purchases.
Reuters reported iron ore prices steadied, and may end the week with modest gains that could stretch to next week if buyers resume purchases.
As quoted in the market news:
Price offers for imported iron ore cargoes in top consumer China were little changed, although quotes for Brazilian material rose by a dollar per tonne, according to Beijing-based consultancy Umetal.
Benchmark iron ore with 62 percent iron content was nearly flat at $115.50 a tonne on Thursday, based on data from Steel Index.
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