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Reuters reported spot iron ore prices inched up as steel demand stays sluggish in China.
Reuters reported spot iron ore prices inched up as steel demand stays sluggish in China.
As quoted in the market news:
Pilbara fines with 61.5 percent iron content were being quoted at $136-138 per tonne including cost and freight on Wednesday, inching up $1 from the previous day, according to consultancy Umetal.
Iron ore with 62 percent iron content edged up 0.2 percent to $135.40 a tonne on Tuesday, according to reference price provider Steel Index.