Iron Ore's Quiet Comeback Puts Price Back Near $50 as Break Ends

  • `The market has become more optimistic,' analyst Zhao says
  • Vale SA's fourth-quarter production drops to miss estimates

Iron ore is making a quiet comeback. Prices climbed to the highest in three months as steelmakers in China start to boost output after the Lunar New Year break and the biggest miners post slower growth in supply.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.