Daily iron ore price update (still bullish)

Wednesday, 3 June 2020

Iron ore prices for June 2, 2020:

AFR has a great story today:

The Brazilian company at the centre of the iron ore price rally says its mines are running on minimum staff levels to prevent the spread of the coronavirus among its workforce, as its licence to operate comes under extreme pressure from Brazilian regulators.

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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.