Iron ore price

by Chris Becker Find below the latest prices from the iron ore complex:   There’s been a not unexpected breakout in spot and futures following last week’s holiday and very low volatility, but rebar continues to tell the fundamental story.

by Chris Becker Find below the latest prices from the iron ore complex, with markets reopening following China’s two day holiday.

by Chris Becker Here are the latest prices and chart action from the iron ore price complex.

by Chris Becker With Chinese markets closed there’s not much action out there in the iron ore complex.

by Chris Becker Yesterday was the last day of trading for the iron ore complex before the end of WW2 celebrations in China, and prices remained remarkably stable compared to their stock brethren.

by Chris Becker Its been a wild ride of risk markets, but the iron ore/coal complex is brushing this all aside and remaining remarkably stable.

by Chris Becker Iron ore prices barely lifted yesterday: As exports of iron ore from Australia to China increased 6% year on year to 155 million tonnes, yet earnings declined by 30% according to China Resources Quarterly.

Given the size of last night’s moves in the US and commodity markets, big iron ore and gas is behaving with veritable sobriety undoing only a small portion of recent damage.

Here are the iron ore charts for August 27, 2015: Tianjin benchmark firmed a little to $53.30.

Big iron is kind of off the canvas today with RIO down marginally and BHP as well as FMG up 1%: Idiocy spreads are still closing but it’s slowed right down.

Here are the iron ore price charts for August 26, 2015:      Tianjin benchmark fell 30 cents to $53.10.

Anyone that’s in the know understands that BHP is the round boy of the resources sector.

Here are the iron ore chart for August 25, 2015:   Qingdao firmed a little but Tianjin spot did not at $53.40.

Find below the iron ore charts for August 24, 2015: Qingdao iron ore price tumbled 5.03%.

From Bloomie: “The logic that you keep expanding just because you can squeeze an extra ton out of your machines, applies well to mining juniors,” Chairman Andrew Forrest said in a commentary on Monday as the company reported a slump in full-year profit.

Big iron is being destroyed now.

The following will be very familiar to readers given it is exactly how MB described the commodity super cycle death spiral a year ago.

It had to come.

From FMG: That’s a miss of 4-5% on the top line and 25% on NPAT versus expectations.

Here are the iron ore charts for August 24, 2015: Spot hangs on with Tianjin benchmark unchanged at $56.

Big iron is hanging on grimly to last night’s rise in London as China and the world falls all around it.

Here are the iron ore charts for August 20, 2015:    Spot weakened with Tianjin down 0.5% to $55.60.