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Daily iron ore price update (sanity returns)

October 14, 2021 - 09:30 -- Admin

Some sanity, anyway. The ferrous complex continued deflating on October 13, 2021 as spot fell and paper fell more overnight: Chinese trade data was pretty ordinary for ferrous. Iron ore imports were 97.49mt. Decent but no cigar: Steel exports are falling away as expected at 4.9mt: Westpac’s new outlook looks about right to me: Iron

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