Daily iron ore price update (game of chicken)

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Iron ore price charts for July 11, 2017:

Tianjin benchmark rose 90 cents to $64.70. Paper rose again overnight. Coking coal stalled. Thermal took off. Steel firmed.

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How far do we get? Via Axiom:

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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.