Oz Blog News Commentary

Daily iron ore price update (materially worse)

August 15, 2022 - 09:40 -- Admin

The ferrous complex was firm on Friday, August 12, 2022: The outlook remains poor. Last week’s MySteel indexes were weak again, cement remains glutted and excavator usage is falling: With property sales once again falling away as credit issuance stalls, larger downside scenarios for property have opened up. The last two weeks of sales have

The post Daily iron ore price update (materially worse) appeared first on MacroBusiness.