Commodities

Wow.

The ferrous jaws remain wide!

Iron ore and coking coal are obliterating steel mill margins.

The ferrous complex is up to its usual New Year games as speculation mounts about imminent yawnulus.

The iron ore jaws are opening wide.

Is a widening commodities bid suggesting reflation?

There is no recovery in Chinese steel, but there is one in iron ore!

It seems nothing can bring sense to the iron ore market as the jaws widen further.

2025 turned out to be a banner year in the great steel crash.

Some WEF boffins are making no sense. Australia could double its iron export revenues to AUD250 billion ($162 billion) a year by shifting to low-emissions green iron.

The 2025 iron ore bust was a bust.

The ferrous complex is stronger in the last week as steel inventory rundowns are finally boosting prices.

The ferrous complex remains paralysed by iron ore prices that are too high for steel profits.

I cannot comment on the prospects of the latest deal, but we can run some scenario analysis to assess the outcomes.

The ferrous complex remains paralysed with iron ore caught in an obvious trading range between $100 and $107.

Never let the truth get in the way of a good price rally in the iron ore market.

The iron jaws refuse to shut.

The ferrous complex reamins paralysed by the jaws.

Labor has missed so many opportunities to rid the nation of this economic millstone that I have no faith it is about to do so.

The ferrous jaws are still yawning wide.

The ferrous complex remains paralysed by overly high iron ore prices. I have switched to Shanghai HRC (purple) prices from the national average, which may help explain some of the stickiness in iron ore prices.

The ABS with the data.

The ferrous complex remains in a state of paralysis as hopeful traders fight a deteriorating reality.

The ferrous complex remains paralysed by an unsustainable iron ore price.