IRON ORE DAILY: Seaborne prices close in on $100/tonne amid rush to build inventories ahead of National Day holiday in China
Seaborne iron ore prices surged on Thursday September 12 amid support from Chinese steelmakers stocking up ahead of the week-long National Day holiday at the start of October. Fastmarkets iron ore indices 62% Fe fines, cfr Qingdao: $99.30 per tonne, up $4.64 per tonne. 62% Fe Pilbara Blend fines, cfr Qingdao: $99.69 per tonne, up $4.64 per…
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