The ferrous complex firmed on February 28, 2022:
Heres’ the narrative:
On the Singapore Exchange, iron ore’s most-active April contract SZZFJ2 rose as much as 3.2% to $141.05 a tonne.
Daily iron ore price update (Russian yawn)
David Llewellyn-Smith
Tuesday 1 March 2022
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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.
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