U.S. Markets closed

Key Factors that Are Helping Iron Ore Prices

Annie Gilroy
Key Factors that Are Helping Iron Ore Prices

Is China’s property sector’s weakness abating? Prices for iron ore and other commodities dependent on China’s growth were expected to get a lift after President Trump’s conciliatory tweets following a speech by China’s leader, Xi Jinping. Commodity prices got a boost from the latest data out of China—especially related to its property market.