Iron ore price rises on firmer steel outlook, but trade tensions cap gains
Lower Chinese steel product inventory driven by robust exports also supported iron ore prices above $100/t.
SANTIAGO, Sept 7 (Reuters) – Chilean anti-trust regulator FNE said on Friday it had reached an agreement with Tianqi Lithium Corp that would allow the Chinese miner to purchase a stake in top lithium producer SQM, pending court approvals.
The court is scheduled to hear the details of the settlement agreement on Sept. 13, and is slated to make a decision on the case by Oct. 4, the FNE said in a statement.
(Reporting by Dave Sherwood; Editing by Rosalba O’Brien)
