Daily iron ore price update (firm)

Monday 26 June 2017

Iron ore price charts for June 23, 2017:

Tianjin benchmark fell 50 cents to $55.50. Paper faded. Steel has not updated. CISA steel output launched early June 5.4% to 1.86mt, indicating still good demand.

In news, Roy Hill is struggling:

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About the author

David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.