Iron ore prices for March 1, 2018:
Tianjin benchmark rose 70 cents to $79.60. Paper was hit overnight on the Trump tariffs. Steel still looks firm.
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The Trump tariffs are not a big deal for China at all, via Goldman:
Daily iron ore price update (Trump tariffs)
David Llewellyn-Smith
Friday, 2 March 2018
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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.
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