Iron ore price jumps on China data, bullish steel demand outlook :
Iron ore prices rose on Monday after data showed a surprisingly robust pick-up in activity in China’s manufacturing sector and as steel demand outlooks remain bullish. The benchmark 62 percent grade of iron ore for delivery to China SH-CCN-IRNOR62 rose as much as 4.5 percent to $99.80 a tonne, its highest level since October 26,…