Pilbara killer pukes ore

The latest iron ore data has stabilised. As shipping costs fall, the real CFR price has been rising. We are back to around $86. With steel prices holding steady, the recent falls in iron ore are clearly driven by supply. The latest data from Guinea shows a face-ripping week for Simandou loadings. The Pilbara killer The post Pilbara killer pukes ore appeared first on MacroBusiness .

macrobusiness.com.au ·6h ago

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