Iron Ore Rises with Increased Transport Costs

Globo

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The price of iron ore rose this Thursday (23) in China, as investors assess the level of commodity stocks in the country. The future contract of the gold ore with maturity in September, the most negotiated in the Dalian stock exchange, advanced 0.74%, to 747.50 yuan (US$ 110.3). Nanhua Futures analysts state, in report, that the strong overall increase in iron ore shipments observed in the first half of the year already lost strength. They note …

CNN Brasil

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Iron ore contract for September most negotiated at the DCE closed the day-to-day sign with a discharge of .074%, at US$ 110.43 per ton