30
Jul
11:25
Slow iron ore supply recovery limits price moderation
Disruptions in iron ore supply from Brazil and Australia will only slowly improve through 2019 and 2020, while recent high prices will moderate but over the course of a couple of years, according to Moody’s. The credit rating agency has revised its 62% Fe iron ore price sensitivity range to $60-90/tonne cfr China from $45-75/t.
Iron ore prices have declined somewhat from the recent high in response to increases in transaction fees for iron ore futures…
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Anonymous
Very good overview of the weekly steel market.
Anonymous