IRON ORE DAILY: Prices jump above $90/t again; build on futures, steel gains after China’s RRR cut
Seaborne iron ore prices rose strongly above $90 per tonne cfr China on Monday September 9, reflecting gains in the futures and steel markets after the Chinese government boosted liquidity in the commercial banking sector. Fastmarkets iron ore indices 62% Fe fines, cfr Qingdao: $92.97 per tonne, up $3.92 per tonne. 62% Fe Pilbara Blend fines,…