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Iron ore market facing period of 'enhanced volatility', says RBC

The iron ore market is set to retrace from current levels of US$220/tonne, but the path to equilibrium looks choppy, Canadian investment bank RBC said today.

Iron ore market facing period of 'enhanced volatility', says RBC Iron ore market facing period of 'enhanced volatility', says RBC Iron ore market facing period of 'enhanced volatility', says RBC Iron ore market facing period of 'enhanced volatility', says RBC Iron ore market facing period of 'enhanced volatility', says RBC

Iron ore has found strong support of from Chinese demand and a tight supply side.