Daily iron ore price update (stagnant)

Wednesday, 28 September 2016

Iron ore prices for September 27, 2016:

Tianjin spot eased to a half percent $56.20. Paper was stable overnight. Rebar is firm and needs to roll before weakness returns to iron ore.

In news, Roy Hill is has signed up its tonnes:

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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.