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    CRU

    January 8, 2021

    CRU: Iron Ore Steady at Just Over $170 Per Ton

    Written by Erik Hedborg

    By CRU Senior Analyst Erik Hedborg, from CRU’s Steelmaking Raw Materials Monitor

    Iron ore prices have held steady in the past week as restocking activities in China have continued and iron ore inventories at mills have been built up. At the same time, further disruptions in the supply chain have renewed supply fears in the coming weeks, which has contributed to the price remaining at a high level. On Tuesday, Jan. 19, CRU assessed the 62% Fe fines price at $173.0 /dmt, up by $1.0 /dmt w/w.

    Erik Hedborg

    Read more from Erik Hedborg

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