Daily iron ore price update (more upside)

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by Chris Becker

Here’s the latest price update from the iron ore complex, with spot prices up nearly 1% bringing the current rally close to a bull market response (i.e 20% plus) while Dalian futures also edged but the 12 monthly SGX price retreated:

Aussie extractors are getting even better margins as the price keeps climbing from its recent low. More from FNArena:

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