Iron, News & Features, Resource News
Sentiment in iron ore uncertain in April, price up 2pc on March
By The Australian · May 8, 2012 · 1:28 am · Leave a Comment
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By Diana Kinch
SENTIMENT in the global iron ore market remained uncertain in April, even though prices for the steel-making ingredient continued to firm over the first 20 days of the month, price provider The Steel Index said in its monthly bulletin.
Spot reference prices for ore with 62 per cent iron content, delivered to China, averaged $US147.65 a dry metric ton for the month, up 2.1 per cent on March, The Steel Index said.
