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.
The new offer from Prominvest was highly conditional and indicative with a cash price of A$1.42 per share, Northern Iron said.
That was just above a sweetened A$1.40 per share offer from Aditya Birla worth A$518 million. Northern Iron said it plans to…