180 days ago • Posted by Martin Boujol

The iron ore is on the rise

Last week the steelmaking raw material hit $160, the highest since February 2013 and up 70% year to date. Even though people keep buying, many Chinses companies (the main buyers today), argue that this price is absolutely unacceptable and will not hold in the long run.

Source: Investing.com, Mining.com

Iron ore for a record price