Iron ore price leaps into 2021 – Mining Dot Com
Iron ore prices started the new year with a bang on Monday as unprecedented demand from China counteracted government calls for sharp cuts in the country’s steel output. According to Fastmarkets MB, benchmark 62% Fe fines imported into Northern China (CFR Qingdao) were changing hands for $165.29 a tonne on Monday, up 3% on the […]
Iron Ore Is On A Hot Roll – Seeking Alpha
Summary The S&P GSCI Iron Ore has been on a tear this year, up 72.47% YTD as of June 13, 2019, breaking through the previous high from May 22, 2019. Iron ore supply is concentrated in a handful of geographic regions and controlled by a small number of players, and demand is dictated by one […]