Daily iron ore price update (all good)

David Llewellyn-Smith

Monday 15 October 2018

Iron ore prices for October 12, 2018:

Spot was up. Paper and steel firm. Rebar inventories are absolutely fine, still up one million tonnes on last year:

As production remains mad, via CISA for late September output at 1.98mt:

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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.