CAPITAL MARKETS

Record night for iron ore

The Metal Bulletin 62% iron ore index has posted its biggest one-day gain in history.

Kristie Batten
Record night for iron ore

The spot price soared by 18.6% or $US9.99 to $63.74 per tonne, its highest level since June last year. Futures yesterday pointed to a big jump, but few would have expected such a rise, with volumes up...

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