Daily iron ore price update (DXY)

David Llewellyn-Smith

Monday 27 July 2020

Iron ore prices for July 24, 2020:

‘

Spot down. Paper down more. CISA steel output remains ridiculously amid high and rising inventories. I am not concerned about it because market factors have been suspended. This is policy-driven output.

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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.