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Dec 18, 2020 · Iron ore has been on fire so far this year, surging 70% to above $150 per ton — levels last seen in 2013. This uptrend has been primarily fueled by strong demand from China that has initiated a ...
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The iron ore price is surging and Rio is a nice manner of gaining exposure to that. It's possible to see this as just short term technical factors but I think it's fundamental, China is surging again.
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