Spot iron ore pricing loses ground amid equity market erosion

摘要

The Asian seaborne iron oremarket weakened Wednesday, as a recentslump in global equity markets sapped spiritsresulting in little demand. Platts assessed the 62% Fe Iron OreIndex at $44.20/dry mt CFR North China onWednesday, down $1.30/dmt from last Friday.There were no assessments February 8-9because the Singapore office was closed forthe Chinese New Year holiday.