Daily iron ore price update (paper slaughter)

David Llewellyn-Smith

Tuesday 15 February 2022

The ferrous complex was hammered again on February 14, 2022:

I’m not sure why spot has disconnected from paper but that never lasts long.

The bearish fact of the day is this:

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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.