{
  "id": 6681290,
  "title": "Iron ore bloodletting begins",
  "url": "https://urgent.news/2026/09/11/iron-ore-bloodletting-begins",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-11T01:30:10.000Z",
  "source": {
    "name": "MacroBusiness",
    "slug": "macrobusiness",
    "url": "https://www.macrobusiness.com.au/2026/09/iron-ore-bloodletting-begins/"
  },
  "original_language": "en",
  "account": null,
  "summary": "The great Simandou cost-curve shakeout has begun, and it is colliding with the Iran War shock, so it will likely get much worse before it improves. The latest C5 shipping cost for Pilbara Capesize is still $18-19. This puts FOB iron ore spot prices at around $87-88, the lowest in four years. But this time The post Iron ore bloodletting begins appeared first on MacroBusiness .",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}