Daily iron ore price update (Rises all round)

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Iron ore price charts for December 18, 2017:

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Everything up. The AFR provides some context:

Chinese steel mill profit margins are driving the market. Chinese steelmakers have cut production after the government ordered industrial plants in 28 cities to slash output between mid-November and mid-March to reduce air pollution…

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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.