Australian Dollar Commodities Iron ore price

Iron ore free falls into cyclone

David Llewellyn-Smith

Monday 9 February 2026

The ferrous jaws are closing on a monthly basis.

There’s more work to do on the daily chart, but clearly, we are getting there.

Scuttlebut is weak.

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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.