Iron Ore Price Got Down Last Week

  • Thursday, March 24, 2011
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  • Keywords:Iron Ore
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Chinese spot iron ore was 92,080,000 tons, increased 820,000 tons and 0.9% from last week. In the past week, quotation of iron ore waving a lot for the influence of Japanese earthquake, but transaction price was decreasing a little.
 
Japan imported iron ore 134,000,000 tons in 2010, which accounted for over 10% in worldwide. It is hard to make clear how much loss the earthquake will bring to Japanese steel industry, and the real price didn’t change much. In all, Chinese spot iron ore and price kept steady.
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