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Daily iron ore price update (smashed again and again)

September 21, 2021 - 09:30 -- Admin

The ferrous complex is fucked. No other word for it. Despite Dalian being closed, the spot ore price was smashed again with Singapore futures: We appear to be on a one-way ticket to $60 and an overshoot has to become a serious possibility as well. I also think that ludicrous coking coal prices are next.

The post Daily iron ore price update (smashed again and again) appeared first on MacroBusiness.

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