06
Oct
14:52
BMI sees positive near-term outlook for iron ore
BMI Industry Research has held positive its near-term outlook for iron ore as stocks in China falter and boost import demand, Kallanish notes.
BMI says in a note it has maintained its 2023 iron ore price forecast at an annual average of $110/tonne with strong risks to the upside.
The research house foresees price resilience continuing amid positive sentiment, falling Chinese port inventories and strong demand from the country's non-property sectors including …
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Anonymous
Very good overview of the weekly steel market.
Anonymous