Prices to keep rising in January-February

摘要

Iron ore prices under long-term contracts remained unchanged in Russia in December despite significant fluctuations in major indices in the calculation period (a? November rise in import iron ore quotes in China fully offset a drop in the second half of October). Spot prices increased month-on-month – offer prices rose back in late November, but the new levels were achieved in contracts only in the first ten-day period of December.