China spot Iron Ore price rises to $61.22/ton

CHINA June 25 2015 12:15 PM

BEIJING (Scrap Register): The spot price of iron ore fines 62% to China has increased. Current price of iron ore is being offering at $61.22/ton, increasing by $1.16/ton or 1.93% from the previous price.

The average price of iron ore was $62.04/ton in the month.

Meanwhile, the China Iron Ore Price Index (CIOPI) increased by 3.35 points or 1.52% week on week to 223.79 points as of June 24th, according to the latest statistics by the China Iron and Steel Association (CISA).