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Making sense of iron ore's ascent

What’s driving the price of iron ore up to a level that no-one expected just a few days ago? The correct answer to that tricky question is your guess is as good as anyone else’s!

Making sense of iron ore's ascent Making sense of iron ore's ascent Making sense of iron ore's ascent Making sense of iron ore's ascent Making sense of iron ore's ascent

On the up: Chinese steel producers are increasing production on higher profit margins

Explanations abound for the price surge which has taken the steel-making raw material back to around US$74 per tonne, with some optimists tipping it will soon hit $80/t and some pessimists recko...