Daily iron ore price update (the bottom)

David Llewellyn-Smith

Sunday 7 August 2022

The ferrous complex bounced on August 5, 2022:

Chinese trade data for July was unexceptional with iron ore imports trending sideways:

Steel imports have benefited from the Urkraine war:

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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.