Iron Ore Gains on China Demand Hopes
Iron ore futures rose toward CNY 720 per ton, moving further away from 14-month lows on hopes for stronger demand in top consumer China ahead of the September peak construction season, while Beijing signaled fresh policy support. Markets are anticipating restocking ahead of the seasonal peak in steel demand as construction activity picks up before ...
We haven't written up this one. Hellenic Shipping News has the full story — the link below goes straight to it.