Daily iron ore price update (58% warning)

David Llewellyn-Smith

Monday, 16 December 2019

Iron ore price charts for Decemeber 13, 2019:

Spot firm. Paper too. Steel plodding along. No change, firm pricing for the next few months then down.

Under the bonnet, things are already weakening as the 58% spread widens:

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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.