Daily iron ore price update (more of the same)

Iron ore price charts for December 4, 2019:

Spot up. Paper down as the contact rolled forward. Steel down.

No change. Firm pricing through to Q2, 2020. A little enhanced now by Vale’s problems.

David Llewellyn-Smith

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.

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