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What is the CIF price of iron ore in China? - Quora
Aug 20, 2016 · I think it is about $70 for fines and $80 for lump. Btw CIF stands for the price delivered to China and insured by the seller. That is compulsory marine insurance. But China rarely buys CIF, they have their own carriers and buy FOB, which means th...
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Iron Ore | Todays Spot Price & Charts - Market Index
Dec 30, 2019 · When economies are growing, the need for steel in construction increases which drives the price up. Growth in China (the world’s largest consumer of metals) has affected the price of iron ore so much recently that the spot price can almost be considered a proxy for China’s economic health. Download the 37yr price history.
Metal Bulletin
IRON ORE DAILY: Prices close in on $95/t; Australia braced for potential cyclone in west. Seaborne iron ore prices advanced toward $95 per tonne cfr China on Friday January 3, with several deals concluded amid concerns over potential shipment disruptions in Australia as …
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