Iron ore bulls lead charge back towards $80/dry mt

摘要

The spot iron ore market reboundedto near $80s/dry mt Thursday on the back ofstrong derivatives and steel markets. The 62%Fe IODEX was assessed up $6.10/dmt day on dayat $79.10/dmt CFR North China Thursday.The front month January IODEX swap rose$5.70/dmt over the same period to $73.80/dmt.