Daily iron ore price update (still bullish)

Iron ore prices for June 12, 2020:

Spot jumped and paper signalled more ahead. Steel is a little left behind.

The latest Chinese data is still crap outside of empty apartments, which is all that matters:

Brazil’s virus shocker is getting worse:

The US-based Insitute for Health Metrics offers a glimpse of where it’s going:

My next target fo iron ore is $130.

Houses and Holes
Latest posts by Houses and Holes (see all)

Comments are hidden for Membership Subscribers only.