SHANGHAI, Mar 8 (SMM) - Yesterday, iron ore futures fluctuated upwards. The most-traded I2305 contract closed at 909.5 yuan/mt and rose 1.34%. The overall transactions weakened as steel mills purchased cautiously and the traders shipped modestly. Traded price of PB fines in Shandong was 915-916 yuan/mt, up 5-20 yuan/mt from the previous trading day, and that of PB fines in Tangshan stood at 933 yuan/mt, up 17 yuan/mt.
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