Via AG Metal Miner The global iron ore price may be in for a bit of a ride. Sector analysts foresee high price volatility in the first months of 2023, mainly due to the increasing number of coronavirus cases in China. Adding fuel to the fire is the fact that the government there has warned it will be “paying close attention” to the ore market changes.
The iron ore price index steadily increased from last November onward. Since the start of 2023, it increased by US $11 per ton to more than $122 per ton. Compare this to the $80…China Vows To Crack Down On Illegal Iron Market Manipulation
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