By MarketWatch
BEIJING–Iron ore spot prices for China delivery have surged nearly 30% since early September with mills replenishing stocks amid a tentative rebound in the steel sector, suggesting that a recent price decline may have bottomed out.
…..Prices for 63.5% iron ore fines delivered to Qingdao rose 29% from a multiyear low Sept. 7 to around $117 a metric ton Monday, data from The Steel Index showed……
via China iron-ore spot prices surge 30% in just weeks – MarketWatch.