Not a bad headline to start the day!
https://www.*.com.au/iron-ore-price-grades-environmental-curbs-industrial-production-2019-1
Lower grade iron ore prices surge to multi-year highs
DAVID SCUTT JAN 9, 2019
.....The price for 58% fines also jumped 1.3% for the session, settling at $47.61 a tonne, a level not seen since September 2017.
- Mid and lower iron ore grades continued to rally on Tuesday, helped by reports of restocking by Chinese steel mills.
- The price for 58% fines now sits at the highest level since September 2017, having rallied nearly 20% in just over a month.....
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