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Iron ore continues sliding

  • Thursday, March 31, 2016
  • Source:ferro-alloys.com

  • Keywords:iron ore
[Fellow]According to the Metal Bulletin data reported on March 28, the iron ore spot prices for benchmark fell 1.08% to US$55.76/ton, which is the lowest level since March 16. Chinese iron ore futures on the Dalian Commodities Exchange also slid 1.89%. Analysts a...

According to the Metal Bulletin data reported on March 28, the iron ore spot prices for benchmark fell 1.08% to US$55.76/ton, which is the lowest level since March 16. 
Chinese iron ore futures on the Dalian Commodities Exchange also slid 1.89%.

Analysts at Metal Bulletin pointed out that trade was down due to the Easter break. However, the benchmark spot prices remain weak, is a fifth consecutive session fall. Chinese iron ore and rebar futures also fell further.

  • [Editor:Chen Zhen Seng]

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