Iron ore price up 7% - Port of Tianjin iron ore up around 7% according to the Steel Index - this was the largest one day gain since back in 2008. This as Chinese steel mills accelerated purchases following reports of government plans to boost spending on subways, railroads and other projects. The Chinese government also backed construction of 1,254 miles of roads, nine sewage-treatment plants, five port and warehouse projects, and two waterway improvements. Spot Iron Ore up $6.00 to $95.00.
iron ore price up, page-2
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