Spot iron ore prices rose marginally Wednesday as market participants became slightly more bullish due to tighter supply, although liquidity remained extremely thin-and there was doubt about whether this strengthening would continue. Platts assessed the 62% Fe IODEX up 50 cents to $106/dry mt CFR North China. But market participants said they saw little possibility of the rise being sustained, because spot demand was waning and there was a general downbeat mood among industry participants.
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