Daily iron ore price update (cyclone)

Iron ore prices for March 21, 2019:


Spot flat. Paper too. Steel up.

In news, Vale signaled another small mine had failed a dam test but that has been overshadowed b the Brucutu news.

In the very short term a Pilbara accident might also drive prices:

Port Hedland has already cleared ships.

That’s a nasty storm heading in a nasty direction. Fingers crossed for those people in its path.

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