Daily iron ore price update (rally into nothing)

The ferrous complex was strong on November 22, 2021 as spot jumped with paper but steel fell back:

There’s much excitement about more Chinese stimulus but that’s just the usual Pavlovian dogs. At this juncture, there is nothing coming that fundamentally alters the oversupply of iron ore.

There are 1075 words left in this subscriber-only article.

Get your first month for $1

Comments are hidden for Membership Subscribers only.