Daily iron ore price update (splat)

David Llewellyn-Smith

Thursday 24 March 2016

Here are the iron ore charts for March 23, 2016:

Spot down with Tianjin benchmark off 1% to $57.30. Paper hammered. Rebar holding but not for long.

In news, hope springs for global steel, via the AFR:

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About the author

David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.