Subscribe to RSS feedIron ore prices to surge as mills lose leverage
The contract price for iron ore could surge by up to 80% from next month amid speculation that earlier predictions of an increase half that size could be grossly under-estimated.
Steaming ahead: Positive outlook for iron ore market
It comes as market analysis from Commodore Research and Consultancy shows capesize rates hit US$37,804 a day in the first week of March, a 33% increase from the end of February.
The group's weekly dry bulk report also had panamax rates...
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