The value of iron ore rallied the most on record Monday night after steel prices in China jumped on the belief Beijing's pro-growth policies would boost sluggish demand. The benchmark price rose $US9.99 or 18.5 per cent to $US63.74 a tonne, according to Metal Bulletin, the largest gain since daily pricing began in mid-2008.
This is what I CALL " EXPECT the UNEXPECTED "
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The value of iron ore rallied the most on record Monday night...
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