01
Dec
00:53
ANZ raises iron ore short term forecast
ANZ Research has raised the short-term target for iron ore to $110/tonne, while prices in 2024 are likely to remain above $100/t, Kallanish notes.
The research house says in a note that tightness in the iron ore market will keep prices well supported.
“We expect the market to remain tight for the foreseeable future. Inventories are low and restocking is likely, which should provide some strong support to prices,” said the research house.
According …
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Anonymous
Very good overview of the weekly steel market.
Anonymous