Daily iron ore price update (steady as she goes)

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by Chris Becker

Iron ore spot and future prices rose yesterday, but Dalian exchanges were volatile, falling more than 3% before recovering with a mild loss. Rebar and coking coal were steady as Bank of America lifted its forecasts for iron ore, adding to the chorus of analysts who see rosy futures for the supply struck commodity in the wake of the coronavirus pandemic.



More concerns about the reliance on Chinese iron ore for the Australian economy as Jason Liang reports via Splash:

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