The seaborne iron ore marketwas stable Wednesday, as port stocksof medium-grade fines remained tight andprovided support to spot prices. Plattsassessed the 62% Fe Iron Ore Index at$57/dry mt CFR North China, unchangedon day.Market opinion on the tradeable levelfor iron ore was split. Industry sourcessaid the seasonal boom period for steeldemand in September-October did notmaterialize this time around, with the lacklustersteel consumption resulting inreduced buying interest for iron ore.
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