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Pilbara killer rampage

The ferrous complex is still under pressure. C5 shipping prices have come down to $15.63 on Friday, so my normalised CFR price is sitting at $89.51. The signals are still poor. MySteel steel indexes are still through the floor. Demand is crap. But production is phwoar. Steel inventory is still above last year but is The post Pilbara killer rampage appeared first on MacroBusiness .

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