Business
As iron ore prices eclipse their 2011 high, how much higher can they go? – Stockhead
2021 is turning out to be a landmark year for the iron ore market with spot prices surpassing their February 2011 high of $US188 per tonne ($242.75/tonne).
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- Iron ore is setting new price records after exceeding its 2011 high of $US188 per tonne
- ‘The reality is that steel mill margins are still running incredibly hot, and they are not going to stop producing steel’
- Supply side of the iron ore market caught offside by the run-up in prices and demand
2021 is turning out to be a landmark year for the iron ore market with spot prices this week surpassing their February 2011 high of $US188 per tonne and they could soon reach $US200 per…
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