Prices for seaborne iron ore pellets surged in the week to Friday December 18 along with the rest of the sector for the steelmaking raw material amid supply concerns and strong gains in the futures market, sources told Fastmarkets.
Fastmarkets iron ore indicesLast week's spot price increases for iron ore have been largely attributed to gains in the futures and swaps contracts on the Dalian Commodity Exchange and the Singapore Exchange, which in turn received...