Iron Ore prices rise 33%

Did you know that over the past 6 weeks, the spot price of Iron Ore has risen 33% back to $120 per tonne?

Some investors may not believe this as they are still anchored to the bad news they saw last month with headlines such as ‘Iron Ore Prices Plummet”.

Credit to London’s Financial Times who did report the positive news this week.

source: Bloomberg

 

 

 

 

%d bloggers like this: