13 – Mexican iron ore trends have changed little

13 – Mexican iron ore trends have changed little over the past week, sources reported to Asian Metal. While prices remain steady, vendors have expressed frustration with the government as 2013 export license issuance has been delayed. Many expect to receive the documents before late January, but demand will likely slow as February approaches and Chinese buyers slow transactions in light of the Spring Festival. Mexican prices for iron ore fines 58%min hold at USD60.0-63.0t FOB Manzanillo with some sources reporting levels below that at USD55.0t FOB. Rates for 63%min fines keep at USD77.0-80.0t FOB Manzanillo. Offers