DCE: Iron ore closes higher after cyclones disrupt supply from Australia.

In the evening session this Thursday (26), the May contract of iron ore in Dalian Exchange (DCE) It ended with a slight increase of 0.18%, at 817 yuan (US$118.40) per ton. 

In this trading session, prices for the steelmaking ingredient were driven up by market concerns about supply. Australia, after a tropical cyclone passed along the coast of the region of Pilbara.

The operator of the region's ports, Pilbara Ports, reported that operations at the terminals of Ashburton, Cape Preston West, Dampier and Varanus Island They were suspended due to strong winds. 

Limiting further gains, the market continues to react to production restrictions in Tangshan, a strategic Chinese industrial hub, after the city issued a level 2 emergency alert for air pollution.

This text was translated by machine from Brazilian Portuguese.