The sudden spike in ore price might be due to the Trump/Xi Jinping talks at the G20 meeting a couple of days ago.
Looks like the 90-day freeze on tariffs bought a degree of calm back into the markets.
Chinese might reckon it's steady-as-she-goes so need to keep the iron ore flowing.
Also, their commitment to reducing pollution means their preference to use high-grade pellet material in their furnaces should be reinforced.
JMHO
FHC
The sudden spike in ore price might be due to the Trump/Xi...
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