Business
Iron ore price bounces back on strong demand and shipment doubts – MINING.COM – MINING.com
High rain volumes at major ports will continue to represent a challenge for Brazilian players during 1Q.

Capacity utilization rates at 247 furnaces across China rose to 92.19% on February 19, from 90.94% before the Lunar New Year holiday.
Lower shipments from Brazil are supportive of iron ore prices, according to Brazilian XP Investimentos. In the week ended on February 21, Brazilian shipments decreased 8% WoW (5.5 tonne), following heavy rain in the north of the country.
The daily index for iron ore 65% Fe Brazil rose 1%, to $200 a tonne on Monday, an all-time high.
“High rain volumes at major ports…
-
Business23 hours ago
Warning! These ASX 200 shares were just downgraded
-
Business15 hours ago
Macquarie tips 14% upside for this ASX tech stock
-
Noosa News12 hours ago
William Robinson dies aged 89
-
General11 hours ago
Calls for corruption probe into completion of mayor’s Surfers Paradise Bowls Club site purchase