by Chris Becker
A mixed day for the iron ore complex, with rebar resuming falls after a one day blip, while Qingdao prices remained above $71, swaps fell.
The charts:
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The FT published the demand/supply charts for global seaborne iron ore recently and I think they make dramatic viewing! Its all about China of course, but notice the swamping of supply by Rio Tinto and BHP: