Recent Drop Brings Buyers Back to Iron Market

Reuters reported spot iron ore was steady in trade on Thursday with prices holding firm as buyers returned to the market after a recent drop in the price.

As quoted in the market news:

It marked a third day of gains for iron ore, rising 1.2 percent over the period, and looked set to extend modest gains with offer prices of imported ore in China on Thursday staying firm.

Click here to read the full Reuters report.