Spread between seaborne, port iron ore prices widens on shipment surge

BEIJING (Reuters) - The spread between seaborne iron ore heading to China and iron ore at China's ports has widened to the highest in at least two years, following an increase in shipments from Australia and Brazil as disrupted mines gradually come back on track.The average for the month of August so far of the price difference between seaborne iron ore with 62% iron content and supplies at Chinese ports was $9.42 a tonne as of Monday, S&P Global Platts data showed. That is the highest monthly..