Iron ore price rises on pre-holiday restocking, China stimulus hopes
"Winter restocking of iron ore among steel mills is still underway, so we believe ore prices will find some support in the near term," analyst says.
It's all over but the shouting as ArcelorMittal and Nunavut Iron Ore Acquisition close in on their joint quest to control 100% of Baffinland Iron Mines and its Mary River project.
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