04
Oct
04:14
Iron ore prices fall on weak demand: Australia
The Australian government foresees iron ore prices moderating further as global demand softens. 62% Fe iron ore fines spot prices in 2023 are seen averaging at $100/tonne, according to the industry ministry’s latest Resources and Energy quarterly report seen by Kallanish.
The benchmark iron ore price is projected to steadily fall to an average of about $76/t by 2025.
“There are substantial risks to the global demand outlook. A more pronounced global e…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous