Home / Metals / Iron ore prices continue minor recovery
Stainless Steel Flanges

Iron ore prices continue minor recovery

Iron ore edged higher as traders snapped up spot cargoes, raising their bets on a market recovery that has proved elusive this year amid bountiful supply.

Benchmark 62-percent grade iron ore TSI for immediate delivery to China .IO62-CNI=SI rose 0.4 percent to USD 94.20 a tonne on Tuesday

Iron ore for September delivery on the Dalian Commodity Exchange jumped 2.9 percent to close at CNY 716 (USD 120) a tonne

The August iron ore contract on the Singapore Exchange rose 2.2 percent to USD 97.04 per tonne.

Source – Reuters

(www.nctv.net)

About NCTV

www.yaang.com provide a wide range of steel products as Steel pipe, Steel pipes and seamless pipes, Alloy pipes, Pipe fittings, Composite steel pipe used in the industry, construction etc.

Leave a Reply

Your email address will not be published. Required fields are marked *

*

Scroll To Top