Iron ore quotations in the physical port stock market inched down gradually when DCE iron ore futures market vibrated vulnerably. Total transactions concluded to be insipid as mills remained on-demands procurements. PBF was closed at 1470-1480yuan/mt in Shandong market, with price falling of 10-20yuan/mt over last Friday, and that in Tangshan market declined by 25yuan/mt to 1470yuan/mt.
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