The active iron ore contract is back above $100/ton in the first part of Monday trade (+3.55% for the session). Recent lows rest under $96/ton. The technical set up doesn't look great as we sub all ...
That had lifted sentiment in the commodities markets, pushing iron ore and steel prices higher by 12% and 6%, respectively. Other steelmaking ingredients on the DCE lost ground, with coking coal ...
Iron ore miners in South Australia are moving to produce more environmentally friendly steel in the hope they can keep being a top supplier to mineral-hungry China.