Daily iron ore price update (Pilbara killer!)

David Llewellyn-Smith

Friday 6 March 2020

Iron ore prices for March 5, 2020:

We’re still flopping around between restocking on stimulus hopes and titanic steel inventories that are still rising:

Longer term, the future just got a little darker, at Bloomie:

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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.