Iron ore continues a bulls market

Note: This section contains information in English only.
Source: Bloomberg
Iron ore made the biggest gain in the final quarter of 2012 and it is very likely to see an extension of the last 14-month high, as China's iron industry restocks. After that, the iron market might turn into a bearish market, as Deutsche Bank analysts say. The price might reach $170 a ton benchmark, before falling to $120, as supply increases. Ore's price gained to $158.50 a ton yesterday.
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