Iron ore charts for January 18, 2017:
![](https://www.macrobusiness.com.au/wp-content/uploads/2018/01/1-15.png)
![](https://www.macrobusiness.com.au/wp-content/uploads/2018/01/2-20.png)
![](https://www.macrobusiness.com.au/wp-content/uploads/2018/01/3-14.png)
![](https://www.macrobusiness.com.au/wp-content/uploads/2018/01/4-15.png)
Tianjin benchmark rose 50 cents to $74.85. Paper was stable. Steel firmed.
Chinese data last night showed the impact of Winter shutdowns:
![](https://www.macrobusiness.com.au/wp-content/uploads/2018/01/frqe.png)
![](https://www.macrobusiness.com.au/wp-content/uploads/2018/01/rtw.png)
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