Oz Blog News Commentary

Iron ore to $150?

November 30, 2023 - 09:20 -- Admin

So says BMI: Seaborne iron ore prices are set to climb to as much as $150 per ton in the first half of 2024, according to analysts who have lifted their estimates on expectations of increased demand in China after recent stimulus measures. …Prices have already defied expectations in 2023 due to stronger-than-expected Chinese steel

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