Daily iron ore price update (new lows)

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Iron ore price charts for May 25, 2017:

New lows across the complex today as Tianjin benchmark sank 50 cents to $58.80. Paper is breaking down. Coals are OK for now. Other prices are ye to update.

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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.