Daily iron ore price update (pop)

Wednesday 27 April 2016

Iron ore price charts for April 26, 2016:

Tianjin benchmark only fell -1.4% to $64.10. Paper is burning with more losses overnight. Rebar average is still firming though looking a little tired. More losses ahead I suspect.

No news today.

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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.