Hot Paths

Iron ore breaks $100 mark on positioning shift and demand hopes (SCO:COM:Commodity)

Steelworker cleaning pouring end of flask during steel pour in steelworks

Monty Rakusen

  • Iron ore topped $100 a ton for the first time in seven weeks on Monday, driven by traders unwinding coking coal bets, anticipated pre-holiday restocking in China, and elevated freight costs.
  • Futures of the steel-making ingredient advanced as much
Exit mobile version