Otmane El Rhazi from Mining Weekly | Ferrous Metals Home.
Iron ore prices slid back to 4-1/2 year lows on Monday while Chinese rebar futures fell, both hit by concerns over weak demand and that China may end a tax rebate for some steel exports. Benchmark 62% grade iron-ore for immediate delivery to China fell 2.2% to $68/t, according to data from the Steel Index.
Iron ore prices slid back to 4-1/2 year lows on Monday while Chinese rebar futures fell, both hit by concerns over weak demand and that China may end a tax rebate for some steel exports. Benchmark 62% grade iron-ore for immediate delivery to China fell 2.2% to $68/t, according to data from the Steel Index.
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