11
Jul
21:47
Scotiabank predicts steady iron ore price going forward
A report by Scotiabank monitored by Kallanish suggests that iron ore prices will average out over the next five years at a level pretty much where they find themselves today. Those for coking coal will likewise steady, Scotiabank says.
“Iron ore prices are expected to average $60/tonne through the next half-decade, far from the market excitement of the base metals,” the bank concludes in the report. On 11 July the Kallanish index for 62% Fe Australia…
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Anonymous
Very good overview of the weekly steel market.
Anonymous