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15/07/2020· Iron ore prices soared to nearly $US110 $157.4 per tonne yesterday, a level not seen since August 2019. Trading Economics recorded a top price of $US108.96 per tonne as coronavirus cases in Brazil continue to climb, triggering fears of supply disruptions as demand from China recovers.
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27/05/2020· Brazils worsening COVID 19 crisis and the reduced shipment of iron ore from the South American country have led to a surge in global iron ore prices
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15/07/2020· Being one of the three largest producers of iron ore along with Australia and China, the uncertainty in Brazil has led to high prices as China enters an economic recovery post coronavirus.
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