Primary Section

Daily iron ore price update (time to short)

at 9:45 am on June 21, 2019 | 3 comments

Spot at new bubble highs. Paper even higher. Steel is still going nowhere indicating that steel mill margins are getting smashed. The charts:

For me the news of the return of Brucutu is the beginning of the end for the bubble. There are further supports ahead:

There are 485 words left in this subscriber-only article.

Comments are hidden for Membership Subscribers only.