Daily iron ore price update (rebound)

The ferrous complex rebounded on June 22, 2021 as fears of Fed tightening abated. Spot popped. Dalian firmed overnight but steel has not updated:

Nothing much to report today.

I still see firm prices for a few months then a breakdown in Sep/Oct followed by better across the new year but trending down deep into 2022.

Houses and Holes
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