Fluctuating Fortunes

Iron Investing News reports spot price for iron have been fluctuating and some companies are taking advantage of it.

In the meantime, the trio – Rio Tinto, Brazil’s Vale and BHPhave been taking advantage of spot prices in iron, which have been on the way down because of China’s growing steel glut, though still well above last year’s record contract prices that caused the global steel sector to choke in its own molten metal.

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