Imported iron ore market ran in peace. Most of steelmakers were holding sufficient inventory for production even some had the willingness to purchase, the rise of iron ore price during the holiday draw back their enquires. Small amount of restock would be on market at the end of week and beginning of next week. Iron ore futures opened higher but then dropped RMB 1 down to RMB 547.
Source: hellenicshippingnews.com
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