Iron ore price firm, but trading close to zero

摘要

Iron ore has inched up Thursday on futures rebound, but trading has slumped as demand is fainting amid low steelproduction in North China.Australian iron ore fines 62% Fe have gone up by $0.25/t to $62.5/t CFR over a day as January contracts on the DalianCommodity Exchange have lifted by $1.8/t (RMB 12/t) after yesterday’s dive, while Tangshan billet quotes remainedunchanged.