Iron ore prices for November 27, 2018:
Spot stabilised. Paper is still soft. Steel rebounded. Whether it is already over is in the lap of the gods, via Reuters:
China’s steel production hit a record 82.55 million tonnes in October, but steel prices and margins have since shrunk as China dialed back on winter output curbs aimed at cutting smog, while demand weakened as cold weather slows the construction sector.