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16 Mar
10:09

Moody's sees iron ore prices easing in 2024

Moody's expects prices for iron ore to ease further through at least early to mid-2024 as world supply gains start to outpace demand. However, reduced production guidance from iron ore producers in Brazil and Australia will support prices for at least the first half of 2023, Kallanish learns from a Moody's report.  Iron ore got a significant boost from China’s post-Covid reopening, and the summer season in the southern hemisphere limi…
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