Iron Ore Hits Highest Price Since July

Base Metals Investing

Reuters reported iron ore hit its highest since July as mills in China continued to replenish stockpiles.

Reuters reported iron ore hit its highest since July as mills in China continued to replenish stockpiles.

As quoted in the market news:

Iron ore prices have surged 13 percent between Monday and Wednesday after the Chinese snapped up spot cargoes to boost run-down inventories following a week-long break.

Click here to read the full Reuters report.

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