Domestic ore prices up again, but cheaper than imports
By ZHANG QI | China Daily | Updated: 2010-04-13 08:19
BEIJING - Domestic iron ore prices rose 17 percent in March over the previous month to $177 per ton on Monday, according to data from industry watcher Mysteel.com. That price is for 66 percent iron content ore and includes tax and transport.
At $177 per ton, the price is still lower than the spot price of imported iron ore.
Similar iron ore from Brazil rose to nearly $185 per ton on Monday.
Photo
