South Africa’s iron ore output increases 24% m-o-m in Feb
According to the market, the total output of iron ore in South Africa showed a 24% month-on-month increase in February, and also grew around 66% from the same period last year.
By the seasonal adjustment on the price of iron ore, the market price in Peru this February showed a decline, with around 6% from January.
However, although the market price of iron ore in South Africa this February showed a decline from last month, the price still higher than the same period last year, with around 47% growth.
