No prices this morning from Bloomie for either spot or swaps. Rebar average rose marginally to 3520 but futures went the other way. Not much news either. This tidbit about Australia’s massively conflicted legislative overlord is all:
Citic Pacific has gained an injunction in the Supreme Court of Western Australia against the Mineralogy entity of Clive Palmer. It will stop him from halting operations and cancelling mining rights at the Sino Iron project, over allegedly outstanding royalties of less than $A300,000.
