15
Nov
14:07
China weakness, improved supply seen pressuring 2022 prices
Iron ore prices are expected to remain under pressure in 2022 after their rally ended and values collapsed to levels below previous forecasts, says Fitch Solutions. The research firm is consequently revising down its iron ore price forecast for 2022 to $90/tonne from $130/t.
Chinese demand for iron ore stemming from the country's V-shaped economic recovery and the government's major stimulus plan in supporting the construction industry peaked in the f…
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