Iron Ore Tests Highs on Chinese Demand, Technical Signals Align

Iron Ore Tests Highs on Chinese Demand, Technical Signals Align

The SGX TSI Iron Ore 62% Fe CFR China price opened this morning at $98.35 per ton, according to Singapore Exchange data and active chart signals posted at 06:34 UTC. Market participants kept close attention on volumes, which remained elevated in both physical and futures trading over the last 24 hours. These numbers tracked with […]

Iron-ore hits two-month high as China policy hopes buoy demand

How is it the iron-ore price remains so resilient?

Metallurgical or coking coal, a major input in steelmaking, has seen its price decline from US$670/tonne to the current US$183/tonne over the past three years. A global oversupply of steel, low steel prices and uncertainty regarding global trade has led to muted demand. This deterioration is highlighted in the share price movement of many operationally and financially leveraged companies including Coronado Global Resources (ASX:CRN), which has s…

Iron Ore Hits Two-Month High as China Policy Hopes Buoy Demand

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WEEKLY: China's Domestic Iron Ore Prices Gain Strength - Mysteel Global - YT FINANCE

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