Iron ore ticks up onmarginally stronger tender

摘要

The spot iron ore marketticked up a touch Wednesday as there wasdemand for cargoes at slightly higher levels.Platts 62% Fe IODEX rose 25 cents to$56.25/dry mt CFR North China.Sources said low stock levels had contributedto continued demand. “We don’teven have 20 days’ worth of ore inventoriesnow so when the need comes to buy,we will buy. It can get urgent if you don’thave enough material,” an Anshan-basedsteelmaker said.