Daily iron ore price update (CISA dud)

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Iron ore charts for August 19, 2016:

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Tianjin benchmark rose 0.3% to $61. Paper took off Friday night. Rebar fell marginally. Port stocks were flat last week:

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CISA released its steel output data for early August and although it rebounded 4.8% on seasonality it remains underwhelming:

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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.