Iron ore downside remains
Iron ore is enjoying a pre-holiday bounce. The real iron ore price popped above $90 as freight prices eased as well. Steel inventories eased over the week. Iron ore inventories grew. The outlook remains poor. Housing sales are crapola. Price falls have slowed. Steel demand and supply are awful. No stimmies. And the export boom The post Iron ore downside remains appeared first on MacroBusiness .
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