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10 Jun
16:41

Iron ore, coking coal prices to slide

Moody's Investors Service expects iron ore prices to retreat from peaks as supply and demand come into closer balance, Kallanish reports. It says iron ore prices were volatile in 2021 and will remain so in 2022, driven in large part by steel production in China. The supply of iron ore was disrupted in early 2022 by weather-related events in Brazil and Australia, and the Russia-Ukraine military conflict. Iron ore production continues in Ukraine, but exports ar…
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