Daily iron ore price update (Golden Week)

David Llewellyn-Smith

Monday, 1 October 2018

Iron ore prices for September 28, 2018:

Markets are closed this week in China but steel is likely to see more pressure next week:

China’s environment ministry issued a stern warning on Saturday to companies across heavy industry not to flout the nation’s tough emission rules — a move seen as quashing speculation that the 2018 winter anti-smog campaign will be more lenient.

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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.