https://www.*.com.au/iron-ore-price-china-2019-4
58% and 65% fines also surged higher, settling at $76.56 and $104.80 a tonne respectively, up 2% and 2.3% from Tuesday.
As seen in the chart below, 58% fines has rallied significantly harder than mid and higher grades since late last year, helped by supply disruptions in Brazil and Australia — the world’s largest iron ore seaborne exporters — along with less onerous environmental restrictions governing industrial output in northern China.
58% fines has rallied 93% since late November, and now sits at levels not seen since May 2014.
Iron ore price, page-11557
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