10
May
13:25
Ore rally to continue before stabilising: Fitch Solutions
Fitch Solutions says the iron ore price rally has further room to run in the coming months – supported by global demand recovery and lagging supply – before stabilising in the second half of 2021. Its 62% Fe cfr China iron ore forecast for 2021 and 2022 has thus been revised up to $160/tonne and $130/t respectively.
The firm says iron ore prices will likely grind lower during H2 as supply improves and demand growth slows. China’s V-shaped economi…
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Anonymous
Very good overview of the weekly steel market.
Anonymous