Advertisement
Find below the iron ore price table for May 13, 2013:
Rebar futures were up slightly.
Chinese port stocks edged up again last week to 75.6 million tonnes. Indian source stocks rose again also, up to 18 million tonnes.
Whatever the cause, some Indian iron ore appears to be seeping back into the market.
Advertisement
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.
Advertisement