16 days ago • Posted by William Ramstein

Iron-ore prices hover near their highest levels in 10 years

Despite China's measures to cool markets the price of iron-ore continues to steadily rise. Strong global demand across construction and infrastructure industries isn’t helping Beijing’s campaign. Stainless-steel producers—many of which are based in China—are still setting some of their highest prices since 2016 for sales to Europe, and much of their output is being snapped up domestically. Source: WSJ