Analysts may have to upgrade Iron Ore prices in company valuations as higher prices look to be here to stay!
Steel and iron ore prices jumped yesterday after Chinese state planners called for greater investment in infrastructure. The National Development and Reform Commission said authorities should implement 102 major projects scheduled under the Communist Party’s latest five-year plan.
https://themarketherald.com.au/asx-update-miners-macquarie-lift-index-past-7200-2022-02-08/amp/
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