Iron-ore powers past $100 as supply woes meet robust demand

MINING WEEKLY | Iron-ore surged past $100/t as supply woes in Brazil coincide with sustained, robust demand in top steel producer China.

Benchmark spot prices climbed to $101.05 on Friday as Brazil, the world’s second-largest exporter, saw a surge in coronavirus infections, stoking worries that the pandemic may curb local supply.

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