TTY territory resources limited

tty iron spot moves higher

  1. 1,085 Posts.
    The Chinese domestic iron ore price surged by 8.2% WoW and 17.9% MoM to US$196/t ex-Vat, benchmarked by the 66% Hebei iron ore fine. The Indian iron ore price was stable at US$193/t cif and US$135/t fob, unchanged from last week. At the time of this writing, however, we were hearing of a rise in fob quotes to US$140/t.
 
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