Spot 63.5% Fe iron ore prices down $2 this week - TopicsExpress

Spot 63.5% Fe iron ore prices down $2 this week August 02, 2013 China’s imported iron ore prices ended four weeks of gains this week, although sentiment remained positive as news from Beijing gave a boost to the construction sector. Spot prices of 63.5% Fe Indian iron ore prices stood at $131-132 per tonne cfr China on Friday August 2, unchanged since Wednesday but down $2 from a week earlier. “The market has been quiet today, but sentiment has strengthened amid clearer policy signals,” an iron ore trader in Shanghai said. China’s government will ramp up its urban infrastructure projects,

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