Daily iron ore price update (energy shock 2.0)

The ferrous complex remained bonkers on November 24, 2021 as spot popped the ton, paper calmed overnight and steel took off:

Some of this is obviously the massively overblown hype around Chinese stimulus. But, equally important is probably the return of the energy crisis.

There are 1030 words left in this subscriber-only article.

Get your first month for $1

Comments are hidden for Membership Subscribers only.