Daily iron ore price update (data)

David Llewellyn-Smith

Wednesday, 7 February 2018

Iron ore price update for February 6, 2018:

Tianjin benchmark was up 5 cents to $76. Steel is stable. Coking coal running on weather. Chinese port stocks were down 1.02mt last week but that could also be weather impacted.

Port Hedland shipments fell in January to 41.1mt from 46.6mt in December, also likely owing to weather:

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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.