Daily iron ore price update (liftoff?)

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by Chris Becker

Find below the price update for the iron ore complex, plus coal prices:

table
dailian ironore rebar

We’ve now seen a more than 25% increase in iron ore prices since the bottom, but this needs to be placed in context of the falls beforehand, plus the fact that rebar is going nowhere while longer dated swaps remain in the doldrums.

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