Trading Halt?, page-7

The iron ore rally is gathering momentum

The rebound in the iron ore price continued on Friday, adding 2.5% following a 4.7% increase on Thursday.
According to Metal Bulletin, the spot price for benchmark 62% fines rose by a further $1.41 to $57.50 a tonne, extending the three day rally to $4.62, or 8.74%.
For the week the benchmark price put on 0.72%, extending its year to date gain to 32%.
http://www.*.com.au/the-iron-ore-rally-is-gathering-momentum-2016-3

Iron ore continues winning streak

The iron ore price is continuing to stabilise after its recent Chinese stimulus-driven whipsaw, rising for the third consecutive session.

Iron ore rose 1.6 per cent to $US56.30 a tonne in the most recent session, compared with $US55.40 the prior day.
The commodity has recently been on a rollercoaster ride, spiking 19 per cent in a single session after China announced plans for massive spending on railway construction. The price then retreated, falling lower than it had been before China’s announcement, before bouncing again.
http://www.theaustralian.com.au/bus...k/news-story/19c6daf1a56ece082c1f5a709262c1f4