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58% now just shy of $80.00 a tonneBusiness InsiderIron ore...

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    58% now just shy of $80.00 a tonne

    Business Insider

    Iron ore prices resumed their climb on Thursday with strong gains seen across all major grades.

    According to Metal Bulletin, the spot price for benchmark 62% fines rose 1.1% to $95.65 a tonne, leaving it at fresh five-year highs.65% fines increased by 1% to $107.50 a tonne, the highest level since Metal Bulletin first produced daily spot movements for this grade in early 2016.

    58% fine was the relative laggard for the session, lifting 0.5% to $79.29 a tonne. It sits just below the five-year high of $79.95 a tonne set earlier this week.
 
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