Iron Ore Advances as CMRG May Block Some Fortescue Deliveries
Iron ore advanced — with futures briefly topping $100 a ton — after China’s state-backed buyer of the commodity signaled that it planned to restrict some Fortescue Ltd. inventories held...
By Alfred Cang, Jessica Zhou · Bloomberg Markets
Iron ore advanced — with futures briefly topping $100 a ton — after China’s state-backed buyer of the commodity signaled that it planned to restrict some Fortescue Ltd. inventories held at mainland ports.