Here are the iron ore charts for April 17, 2015:
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Spot was firm, following paper with Tianjin benchmark up 70 cents to $50.70. Dalian closed up 1 point but fell 3 points to 392 overnight. Rebar has loosened again and port stocks fell a lousy 200k on the week. Texture from Reuters:
“Those mills that were running low on inventory bought up this week especially from port stocks. But overall supply remains high and that’s keeping the pressure on prices,” said an iron trader in Shanghai.