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Reuters | November 21, 2022 | 11:49 am Intelligence Markets China Iron Ore                                                                                 Worker in steel production (Stock Image)   Iron...

in Commodity News,Dry Bulk Market 05/11/2022   Iron ore futures surged on Friday, solidifying their weekly gains, driven by continuing bets that top steel producer China would ease its strict COVID-19 rules early next year, and further fuelled by Beijing’s fresh pro-growth rhetoric. The most-traded January iron ore on China’s Dalian Commodity Exchange DCIOcv1 ended daytime trade...

Image used for illustrative purpose. A labourer marks steel bars at a steel and iron factory in Huai’an, Jiangsu province, February 18, 2008. Reuters Images/Patty Chen/File Photo The price of spot 62% iron ore for delivery to north China , as assessed by commodity price reporting agency Argus, rose to $99.50 a tonne on Nov....