This is of interest. Peak consumption period coming. But CISA is trying to keep a check on IO prices. They always do this and are very practiced. It's all about trying to reign in prices when they are looking to rise quickly. It almost like the CCCPC has given them that mandate, and holds them to it. It's certainly coming up to the risk period for CISA.
https://www.hellenicshippingnews.com/singapore-iron-ore-falls-below-100-t-on-talks-of-china-steel-output-curbs/
IO prices will rise from here, but maybe not surge. Vale seems to be pumping for the moment, too. But with them, you never know when something will break. All a very interesting mix, but prices much more likely to rise than fall over the August to October period.
Iron ore price, page-53685
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