Iron ore prices increased in both the futures and seaborne markets on Monday November 9, sources told Fastmarkets, supported by rising steel prices and despite stronger sintering restrictions in China's steelmaking hub of Tangshan.
Fastmarkets iron ore indicesThe most-traded January iron ore futures contract on the Dalian Commodity Exchange (DCE) surged to an intra-day high of 827 yuan ($125) per tonne in the morning, but remained relatively stable through the...