Daily iron ore price update (restocking)

David Llewellyn-Smith

Friday 21 December 2018

Iron ore prices for December 20, 2018:

Spot up. Paper up. Steel up a little. Classic new year restocking now. It will run through to the end of January.

There are still signs of stress under the bonnet, via Argus:

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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.