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Article: Indian ore price dropped last week.
- Article from:
- China Business News
- Article date:
- November 14, 2005
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Indian ore price dropped last week
Shanghai. November 14. INTERFAX-CHINA - The spot price for Indian ore in China dropped marginally last week, according to the Indian iron national reference price Interfax received Monday.
The FOB price for 63.5% of Indian iron ore released by the China Chamber of Commerce of Metals, Minerals, and Chemicals Importers and Exporters (CCCMC) is USD 50 ...
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... ... that Australian ore was selling for about USD 25 per tonne cheaper than Indian ore, currently priced at about USD 115 per tonne for 63% iron content ore grades as against USD 140 per tonne about four to five months ...
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