Spot iron ore prices rise
(皇冠体育app Daily) Updated: 2012-05-31 15:15Spot iron ore prices in 皇冠体育app rose on Wednesday, propped up by expectations Beijing will try to boost a slowing economy, which should buoy demand for steel and its key raw material.
Price offers for imported iron ore in 皇冠体育app rose on Wednesday for the first time since early April, and Australian and Brazilian cargoes increased as much as $2 per ton, based on data from the industry consultancy Umetal.
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