Posted On: 09/10/2012 12:00:00 PM
Post# of 8059
WOW.. this is more like it... Up over $11 in two days.. About 3 more days like that and Shirley might want to open up the overtime.. LOL!
China: spot iron ore prices surge
Monday,September 10,2012 - 17:09
China steel futures rose sharply for a second day on Monday, supported by hopes that Beijing's approval of more than $150 billion in infrastructure projects would resuscitate steel demand, providing fuel for a recovery in iron ore prices.
Price offers for imported iron ore cargoes in China rose by up to $8 per tonne on Monday.
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