Iron (b)ore

YOSHIKAZU TSUNO/AFP/Getty Images

Iron ore spot markets were near-static on Thursday as a four-day long weekend got underway in China.

62% fines, 58% fines and ore with 65% Fe content held steady at $63.57, $37.29 and $80.70 a tonne respectively, according to Metal Bulletin.

Market activity will likely remain quiet until Chinese markets return in full on Monday.

Chinese commodity futures will also remain closed today.

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