Iron ore price

China’s growth numbers were out yesterday afternoon and were very interesting indeed for the commodity analyst.

The iron ore price fell sharply on Friday 12, 2021.

Iron ore prices for March 11, 2021, followed the global pattern of rebounding prices as DXY and yields consolidate recent gains.

Iron ore prices lifted yesterday as the clubbing of the day before faded.

When iron ore prices are so high, this is what can happen.

The iron ore complex sank on March 8, 2020 as a rising US dollar put a sizable dent in global reflation trades that include metals: Chinese steel inventories are now peaking in their CNY rebuild.

JPM has a look fundie mining holdings today: The run in iron ore over the last year, buttressed by rising Chinese demand, drove a significant rally in the Mining sector.

Iron ore fell on March 5, 2021 along with the broader ferrous complex.

Iron ore prices fell on March 4, 2021 as the global headwinds of rising yields came to bear.

Iron ore prices firmed overnight as the ferrous complex warmed into global reflation.

Iron ore prices for February 2, 2021 saw Tianjin spot rise alongside Chinese steel markets.

Iron ore prices for March 1st, 2020 fell across the complex as weak Chinese PMIs weighed: The steel PMI was out and rebounded: New orders are clearly trending down despite a better month.

It was a good time if not a long time.

Iron ore prices for February 26, 2021 finished at decade highs: Indeed the entire ferrous complex is at new highs with steel and futures up again overnight and despite the global ructions in bond markets.

Iron ore prices rallied yesterday and more particularly steel prices.

Iron ore prices traded flat yesterday.

The post-pandemic environment is deeply irrational.

Iron ore prices fell yesterday, February 24, 2021: The proximate trigger was the tightening of output restrictions in Tangshan as pollution levels surpassed healthy levels.

Iron ore prices were firm overnight as paper rebounded with steel and dirt yesterday: The latest update for steel output levels in China via CISA are insane at 2.15mt per day: I expect output to fall as the year wears on, much like 2011, as China steadily applies the stimulus brakes.

Iron ore prices fell on February 19th, 2021 as paper markets pulled back.

Friday night saw the Australian dollar roar higher virtually by itself.

As expected, and as usually happens, following Chinese New Year, steel mills returned refreshed and ready to buy.

The recent Chinese trade war on itself via Australia has contributed to tremendous rises in the iron ore price.

Yesterday we got a little shock from Fortescue.