Iron Ore-Spot Rebounds as Chinese Buying Returns

- December 2nd, 2011

Reuters Africa reported iron ore bounced back strongly after more than a week of losses.

Reuters Africa reported iron ore bounced back strongly after more than a week of losses.

As quoted in the market news:

Iron ore with 62 percent iron content rose more than 2 percent to $133.60 a tonne on Thursday, cost and freight delivered to China, said the Steel Index.

Click here to read the full Reuters Africa report.

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