Daily iron ore price update (miracle trade)

David Llewellyn-Smith

Thursday 13 September 2018

Iron ore prices for September 12, 2018:

Spot down. Paper was smashed yesterday but flew overnight on the trade news. Steel will likely recover today.

Chinese credit showed a flicker of life in August but not enough to change things:

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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.