Here’s the latest price update with futures at their highest levels n four months as speculators continue to react to moves by Beijing to tighten up on implementing steel production capacity cutbacks:
Meanwhile iron ore exports from the Port Hedland terminal are at 46.2Mt, up 5% year-on-year. More from the Mining Journal:
Total iron ore exports from Port Hedland for the whole of 2017 totalled 497.1Mt, rising 4% from the previous year, according to port data.