Iron ore prices tumbled on Friday March 16 following a decline in the futures market amid doubts whether downstream demand for steel in China has truly started to recover after the Chinese New Year.
Metal Bulletin's 62% Fe Iron Ore Index Today: $69.84 per tonne cfr QingdaoDaily change: down $2.27 per tonneMonth-to-date average: $73.61 per tonneMetal Bulletin's 58% Fe Premium Index Today: $56.91 per tonne cfr...