Daily iron ore price update (Brazil hiccup)

Texture from Reuters:

“As (China’s) winter production control is less severe than last year and steel demand remains solid due to government’s support policies, we expect the steel prices to rise further, underpinning further recovery in iron ore and coking coal prices,” said Helen Lau, metals and mining analyst at Argonaut Securities.

Meh. This is typical for time of year. To the charts:

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