China Iron Ore Fu­tures at 3-year High

The Economic Times - - Finance & Commodities -

China’s iron ore fu­tures rose for a sixth ses­sion in a row on Tuesday, hit­ting their high­est in more than three years, amid firm steel de­mand and tighter sup­ply.Spot iron ore prices have sim­i­larly surged, with the spot bench­mark top­ping $90 a tonne for the first time since 2014 on Mon­day.

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