Pilbara killer coming for the budget
Chinese property had a poo-brown holiday. No stimmies. Steel output is eeek. Demand not quite so horrible. The iron ore price appears to be holding the $90 line. But once adjusted for war freight costs, it is at $83.69 and falling daily. In fact, adjusting for grade brings it closer to the budget price forecast. The post Pilbara killer coming for the budget appeared first on MacroBusiness .
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