Seaborne iron ore spot pricing slips further on sintering cuts

摘要

The seaborne iron ore marketcontinued to sink, as wariness over sinteringcuts in northern China led to end-usersresisting raw materials procurement.Platts assessed the 62% Fe Iron OreIndex (IODEX) at $58.10/dry mt CFR QingdaoThursday, down 45 cents on the previous day.The front-month November IODEX swap wasup 25 cents from Wednesday to $58.50/dmtCFR North China.