Iron ore price charts for September 28,2017:
Tianjin benchmark fell sharply to a new correction low of $62.80. Paper was firm yesterday but was hit overnight. Coking coal futures hit new lows and iron ore is at the brink of same. SGX has taken a breather. CISA steel output data for early September was unsurprisingly strong at 1.87mt per day.
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Physical is now leading futures lower which is a bearish sign.