Iron Ore: Spot Prices Will Rise

Base Metals Investing

Reuters reported spot iron ore prices are predicted to edge up on speculation demand in China will increase.

Reuters reported spot iron ore prices are predicted to edge up on speculation demand in China will increase.

As quoted in the market news:

Iron ore with 62 percent iron content was nearly flat at $139.50 a tonne on Friday, cost and freight delivered to China, according to Steel Index.

Click here to read the full Reuters report.

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