Commodities

There’s a nice little head and shoulders bottom on iron ore futures that I hope runs for a bit on the broadening melt-up.

I love iron ore sometimes.

As the risks of a downward glide path for elements of China’s industrial economy continues to become clear, the risks for Australia’s economy and in particular state and federal Treasury outlooks are becoming increasingly apparent.

The ferrous market does not look well to me.

The ferrous complex is hardly inspiring confidence.

Many argue that iron ore is cheap.

Even the cartel-loving AFR can’t come to grips with selling Santos to the UAE.

Usually, you want to buy a commodity when it is cheap and its producer is expensive.

The ~$95 support line gave way yesterday.

Slowly but surely, iron ore is breaking down.

How long can steel fall and iron ore not?

It’s not clear that the seasonal June slowdown is done for iron ore.

The ferrous complex is nothing flash, that’s for sure.

The lifeless ferrous market refuses to die.

It’s goodbye, Chinese steel prices.

It’s bloody painful, but slowly iron ore is being ground down.

Steel prices keep falling.

The ferrous complex continues to fade away with steel in the lead.

The ferrous complex is unwinding.

The International Energy Agency, in its latest oil market report, raised historical demand estimates.

More yawnulus please.

The ferrous complex is going over a cliff of some sort led by steel.

Chinese steel futures buckled yesterday, both long and flat.

Steel in pancaked an iron ore hoping.

Steel sagged while iron ore firmed.