Monthly Iron Ore Market Report Dec 2019
2020-01-10 14:30:46 【Print】
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Prices of both Chinese origin and imported iron ore witnessed an upward trend in domestic market during the month mainly supported by the price increase in global and futures market
. With the arrival of the Spring Festival holiday, some steel mills began to build stockpiles and the demand for iron ore was relatively good . Nevertheless, prices of finished steel products like rebar saw a downward trend during this month, which weighed on iron ore market.