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Iron ore leaps 7.3pc to more than $US176 a tonne

Timothy MooreBefore the Bell editor
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Iron ore has extended its stunning year of price gains with a new surge.

The spot price leapt $US12.06 or 7.3 per cent, to $US176.45 a tonne on Monday, according to Fastmarkets MB.

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Timothy Moore writes on equities, commodities and monetary policy. He writes Before the Bell and contributes to the Markets Live blog. Connect with Timothy on Twitter. Email Timothy at timothy.moore@afr.com
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    Original URL: https://www.afr.com/markets/commodities/iron-leaps-7-3pc-to-more-than-us176-a-tonne-20201222-p56pf1