Spot Iron Ore Reaches Two-Month High

Reuters Africa reported spot iron ore prices in China reached a two-month high on Friday.

As quoted in the market news:

Offers for imported iron ore in China were steady on Friday, with Australian Pilbara fines quoted at $141-$143 a tonne, cost and freight, and Newman fines at $144-$146, according to Chinese consultancy Umetal.

Click here to read the full Reuters Africa report.