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India ore price to China tends to rise in stability

Published: 29 Oct 2009 01:23:10 PST

Oct. 29 MetalBiz--China domestic steel spot price climbs and the enquiry increases, which drives up India ore's importing price.

635% India powder price has soared to US $94-95 per ton (CFR) from US $93-94 per ton (CFR). It is said that the current steel mills' stockpiles can maintain one month, and steel mills' enthusiasm to build up the inventories are picking up.


Source: MetalBiz

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