Daily iron ore price update (extreme stupid)

Monday, 28 February 2022

The ferrous complex was volatile on Friday February 25:

Prices crashed after this:

China will limit the price of coal in its three biggest mining regions as it adds yet another layer of controls to stop the market from overheating.

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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.