The iron ore crash is here
Steady2 outlets reported this in 3 reports over 3 days
Sun, 13 September 2026Fri, 18 September 2026
What it is about
Who published it, and when
original reportfirst to report
macrobusiness.com.au
hellenicshippingnews.com
13 Sept, 23:30over 4 days18 Sept, 00:30
How it spread - 3 original reports
Sun, 13 September 2026
1 report- macrobusiness.com.au23:30first to report
The iron crash is here as the bizarre rally in steel prices falters. It’s a wonder it has taken this long as steel production collapses. Steel inventories are still high. As steel demand is also sinking, along with exports. Prices tumbled last week It is much worse when you factor in shipping costs. FOB prices
Tue, 15 September 2026
1 report- hellenicshippingnews.com11:15
Fri, 18 September 2026
1 report- macrobusiness.com.au00:30
Iron ore is staging a little recovery, just for fun. The normalised price, accounting for elevated freight costs, is roughly $10 lower. Chinese demand remains poor. The forward orderbook trend of most steel mills picked up MoM in September, and saw weaker than normal seasonality. High-frequency weekly data suggest steel demand declined by 6.0% yoy