April was marked by sustained strong pricing across the ferrous landscape with spot prices of iron ore leading the way. The Platts April average IODEX 62%-Fe fines assessment picked up another 23.5% to $174.79/dry mt CFR North China from March's $141.50/dmt, which was up 11.6% over February. Finished steel prices gained a collective 11.3% over March and April's ferrous scrap prices were up 8.2%...
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Reactions to April saw continued robust pricing for iron ore, steel and scrap
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