Miners hold FTSE 100 in positive territory following Chinese demand boost - Telegraph.co.uk

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Miners hold FTSE 100 in positive territory following Chinese demand boost – Telegraph.co.uk

Iron ore prices have risen to a four month high recently. That is because of increased demand and high skill required for mining. Miners need to obtain the ore and then refine iron in factories. China is leading the way, but plans to scale back production in their country. That is part of an effort to clean up their cities and reduce pollution overall. Index trading and commodity investments have proven to be popular for iron.