Spot Iron Ore Steadies, Buyers Remain Cautious on China

Reuters reported spot iron ore prices steadied on Tuesday as buyers remain cautious about China’s expected slow growth in the coming months.

As quoted in the market news:

Offer prices for imported iron ore in China were mostly steady on Tuesday, although some Australian material were quoted a dollar higher per tonne, according to Chinese consultancy Umetal.

Click here to read the full Reuters report.