Here are the iron ore charts for May 25, 2015:
Spot took off again with Tianjin benchmark up 2% to $61.10. Paper is playing catch up although Singapore is still muted. Dalian was up yesterday but poured it on overnight and is trading at 435 this morning. Rebar average continues its plod to Hell telling you that steel demand has not changed. Chinese iron ore port stocks fell another 2 million tonnes last week.
Texture from Reuters:
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