Seaborne iron ore prices defied the usual late year seasonal slowdown to hit multi-year highs in the final quarter of 2020, with demand fueled by strong steel margins and high output — but margin pressures and the seasonal Lunar New Year holiday slowdown are likely to take the heat out of the rally...
https://www.hellenicshippingnews.com/trade-review-soaring-iron-ore-prices-set-to-face-hurdles-in-q1/