Seaborne iron ore prices fell to a one-month low Wednesday as the “Big Three” all sold spot Capesize cargoes and buying interest remained thin from traders and mills alike. IODEX was assessed 1 dollars/dry mt lower at 135 dollars/dmt CFR North China. Rio Tinto was said to have sold 165,000 mt of 61% Fe Pilbara Blend fines loading July 24-August 2 at 135.50 dollars/dmt CFR North China via CBMX.
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