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"This is like a red rag to a bull for the speculators"

Iron ore price hits highest level since August 2014

"This is like a red rag to a bull for the speculators" "This is like a red rag to a bull for the speculators" "This is like a red rag to a bull for the speculators" "This is like a red rag to a bull for the speculators" "This is like a red rag to a bull for the speculators"

Factors behind iron ore hitting a 2.5-year high like a 'red rag to a bull' for speculators

The spot price for 62% fines is now US$92.23 a tonne according to the Metal Bulletin, up more than 18% for the year.

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