Mill restocking nudgesspot iron ore up a touch

摘要

Spot iron ore prices edged up Fridayas the plunge of recent days brought somemills back to the market to restock. Platts 62%Fe IODEX was assessed 25 cents higher at$49.90/dry mt CFR North China."It's possible that prices are low enoughnow to entice buying, especially after millssaw spot prices slide below the $50/dmt levelover the last two days," a source from aninternational trading house said, suggestingtrade seemed brisker Friday.