Iron ore prices surge amid post-holiday supply jitters

Seaborne iron ore prices went up on Friday January 28 amid supply concerns emerging ahead of the upcoming week-long Lunar New Year holiday, sources told Fastmarkets.

Key drivers

Demand for iron ore has been limited recently with most steelmakers having already concluded their restocking activities, but sentiment is anticipated to be bullish after the Lunar New...

Published

Alex Theo

January 28, 2022

11:45 GMT

Singapore