Iron Ore Prices Are On The Rise


Iron ore prices are on the rampage and CR Capital estimates that it will continue. Spot prices into China of more than $US150 ($160) a tonne represent a $US90 a tonne or 150 per cent increase on last year’s benchmark prices. That’s pretty special given that it can cost less than $US30 to produce a tonne of the stuff.

www.crinvestmentadvisors.com

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