Iron ore prices increased further in both the futures and seaborne markets on Tuesday November 17, supported by hot-rolled coil and rebar futures prices that hit new annual highs, although physical prices at ports remained stable.
Fastmarkets iron ore indicesThe most-traded January iron ore futures contract on the Dalian Commodity Exchange (DCE) rose sharply before the close of morning trading and fluctuated around 850 yuan ($129) per tonne level...