Iron Ore Surges to Ten-Month High

The video discusses China's supply curbs aimed at reducing pollution and their impact on iron ore demand and prices. Despite curbs, demand for high-grade iron ore remains strong due to pollution concerns. However, with ample supply from Australia and Brazil, prices may stabilize. Citigroup predicts a potential price drop in the second quarter as supply remains robust.

How do pollution curbs in China affect the demand for iron ore?

What factors are contributing to the increase in the price of high-grade iron ore?

Why is there no real shortage of iron ore despite the current market conditions?

What role do Australia and Brazil play in the global iron ore supply?

What is the outlook for iron ore prices according to Citigroup?