Shares of coal and iron-ore producer Cliffs Natural Resources (CLF +4.5%) get an added boost...

|About: Cliffs Natural Resources Inc. (CLF)|By:, SA News Editor

Shares of coal and iron-ore producer Cliffs Natural Resources (CLF +4.5%) get an added boost this morning on strong manufacturing data out of China overnight. The numbers give triangulation to the China rebound thesis when you add in earlier reports of a big jump in iron ore prices. The iron ore market is dominated by the Asian giant, accounting for about 60% of global demand, so, as goes China - so goes CLF.