As the iron ore prices in global markets continue to fall, the price difference between Iranian internal and export concentrates reduced to only 7.3%!

#Iron_ore_market is still trending down in #China and today the #iron_ore_index in #Dalian_Commodity_Exchange (#DCE) dropped 4.6%.

Iranian export iron ore is also softening and decreased 0.5$ today and 5% for the lower grades during the last week.  Index for export #concentrate 66%, FOB Bandar Abbas is now 62.4$ which is only 7.3% more expensive than internal prices!