Daily iron ore price update (my bad)

The ferrous complex was well bid on June 11, 2021 for no reason that I can discern beyond my own posting. Spot was firm. Dalian paper jumped overnight. Steel has not updated:

Dalian trading started weak yesterday until I posted on Vale’s latest dam troubles. Although it was not news, my reminding the market of the possibility that it would launch iron ore to $300 seemed to trigger a renewed bid. My bad!

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