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Iron-ore extends rally on surging energy, rising freight costs...
09 Mar, 2026 08:08 266 min read
Iron-ore futures rose to month-highs, with Dalian's May contract up 3% to 790 yuan ($114.19) amid surging energy prices due to the Iran war. Oil prices increased by 20%, impacting shipping and production. Chinese iron ore inventories rose 0.67%, and coking coal and coke prices surged over 7%. Steel benchmarks mostly advanced.... More