Daily iron ore price update (toppy time)

David Llewellyn-Smith

Tuesday, 17 December 2019

Iron ore price charts for December 16, 2019:

Spot fell. Paper more. Steel is easing.

I wouldn’t be at all surpised if this is high as we get. It’s way higher than prices need to be, supported exclusively by year end restocking. Even that has its limits.

The full text of this article is available to MacroBusiness subscribers

$1 for your first month, then:

$24.99 / month

$249 / year

Cancel at any time through our billing provider, Stripe

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.