Reuters – Dalian iron ore hits 4-week high as shipments from big miners drop
Dalian iron ore hits 4-week high as shipments from big miners drop * Iron ore futures close up 1.2% * Spot 62% iron ore rose to $84.5 per tonne on Monday * Iron ore imports dip in March, but demand seen resilient (Adds details and analyst comment; updates with closing prices) BEIJING, April 14 […]
China iron ore futures surge as mills restock raw materials – Reuters
BEIJING, April 9 (Reuters) – Iron ore futures in China jumped on Thursday on restocking demand as steel inventories dropped again this week, while a recovery in profits at mills further lifted purchases of the steelmaking ingredient. The most-traded iron ore futures on the Dalian Commodity Exchange, for September delivery, closed up 3.3% at 598 […]