Blogotariat

Oz Blog News Commentary

Daily iron ore price update (mining crap)

November 30, 2021 - 09:30 -- Admin

The ferrous complex was firm on October 29, 2021 as hope trumped sense in the ongoing bear market rally. Spot was up, paper boomed but steel fell: It’s pretty much all bulldust in this market now: Iron ore futures in Singapore jumped nearly 10% as optimism over a bout of restocking by China’s steel mills

The post Daily iron ore price update (mining crap) appeared first on MacroBusiness.

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]