Daily iron ore price update (stabilisation wanted)

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by Chris Becker

Yet another record high in iron ore prices yesterday as spot prices barrel in on the $200 level, while rebar and coking coal futures took a breather, as calls begin to mount to “stabilise” the market.

Iron ore price
Tianjin iron ore
Dalian iron ore futures
Rebar futures

Demand continues to drive price, according to S&P Global Platts:

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