Daily iron ore price update (not obvious)

David Llewellyn-Smith

Monday 12 November 2018

Iron ore price charts for November 9, 2018:

Spot jumped. Paper fell. Steel firmed. BHP is back:

“Rail operations recommenced last night with additional controls in place to ensure safe operations.”

A regulatory investigation is ongoing, and controls on board the trains have been risk assessed.

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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.