11
Dec
16:09
Iron ore supply to normalise in 2020: ING
Iron ore supply should normalise next year after outperforming other commodities in 2019 due to supply disruption and relatively healthy demand, according to ING Bank.
The Vale dam incident at the start of the year, along with a train derailment in Australia, sent iron ore prices soaring to $120/tonne at one point. Prices softened in the second half of the year as Vale restarted mine operations and increased supply faster than initially estimated. That said, pri…
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Anonymous
Very good overview of the weekly steel market.
Anonymous