China Iron Ore Import Price Climbs to Highest in Four Months

News was prepared under the information support of Online Daily Newspaper on Hellenic and international Shipping "Hellenic Shipping News".

29 Jun 2009

Cash prices for iron ore imported by China, the world’s biggest buyer, increased 3.3 percent to the highest in more than four months, according to Steel Business Briefing prices. The cost of iron ore for immediate delivery to China climbed $2.50 to $78.20 a metric ton on June 26, Steel Business Briefing. That’s the highest since Feb. 13.

Source: Bloomberg