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Core Report | July 3, 2024

Spot iron ore rebounded sharply ahead of the July 4th holiday after slipping four out of the previous five weeks. Spot iron ore pricing settled at $110.32/mt, up from $106.35/mt the week prior. This is the highest price for iron ore since late-May.

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Core Report | June 28, 2024

U.S. mills produced an estimated 1,710k tons at a 77.0% utilization rate; this is up from 1,704k tons and a 76.7% rate previously.

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Core Report | June 21, 2024

May retail sales totaled $703.1 billion, up 0.1% from April and up 2.3% from the $687.5 billion rate in May 2023.

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Core Report | June 14, 2024

TheConsumer Price Index was flat month-over-month as inflation slightly cooled for the second straight month. The May Consumer Price Index saw prices for all goods increase 3.3% compared to last year, still much higher than the Fed’s 2% target.