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Iron Ore Tops $100 on Position Unwinds and China Buying Hopes

Iron ore broke above $100 a ton for the first time in seven weeks as traders unwound bets that favored coking coal, adding to support from expectation...

By Dhallo News · September 7, 2026 at 9:17 AM IST

Iron ore broke above $100 a ton for the first time in seven weeks as traders unwound bets that favored coking coal, adding to support from expectations for pre-holiday restocking in China and high freight costs.

SOURCE: Bloomberg Markets

ORIGINAL REPORT: Click here

DHALLO EDITORIAL STATUS: Aggregated & reviewed

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