Gains in lower grades exceeded the boarder move with 58% fines surging 2.4% to $73.86 a tonne, leaving it at a five-year
According to Metal Bulletin, the spot price for benchmark 62% fines jumped by a further 2.2% to $88.69 a tonne, adding to the 2.5% surge seen on Friday.
It now sits just below the multi-year peak of $90.58 a tonne set in early February.
https://www.*.com.au/iron-ore-price-china-pmi-rio-tinto-output-restrictions-2019-4
Gains in lower grades exceeded the boarder move with 58% fines...
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