Iron ore hits new six-year high

IRON ore and copper hit new highs on Friday, while US stocks fell further after Thursday’s plunge.

Iron ore hits new six-year high Iron ore hits new six-year high Iron ore hits new six-year high Iron ore hits new six-year high Iron ore hits new six-year high

Iron ore stockpiles at Rio Tinto's Cape Lambert port

The MySteel 62% Australian iron ore fines price rose another 2% to US$130.50 per tonne, the highest price seen since early 2014.

The LME cash copper price jumped 2.4% to $6729.

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