Iron ore price rallies on China fundamentals, but cap looms

Capt. John

The spot price of iron ore has climbed to a five-month high amid improving sentiment and some supportive fundamentals in China, the world’s top buyer of the steel raw material. However, there are also some factors that may limit the extent of the rally in coming weeks, such as the likely official...

https://www.hellenicshippingnews.com/iron-ore-price-rallies-on-china-fundamentals-but-cap-looms/

Leave a Comment

Join Our Newsletter
Enter your email to receive a weekly round-up of shipping news.
icon