• Iron ore prices surge taking mineral's gains to 50% since ...

    17/10/2021 · IRON ore futures surged following improved margins for Chinese steel manufacturers taking the raw material's surge since a low in September to about 50%, said Bloomberg News.. Futures in Singapore were up 10% at a ton, said the newswire citing prices in an article published at GMT. "Steel output is reportedly set to increase in October in some parts of China, like Tangshan ...

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    22/09/2021 · The Bank of America's global research team is lowering its price forecast for iron ore fines in 2022 by 45% to US91 per tonne (down from its previous forecast of US165 per tonne) on the back of enforced steel production cuts in China. Beijing's restrictions on steel output are driven by its goal of driving down emissions.

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  • IronOre Prices Keep Falling. These Mining Stocks Are ...

    UBS analysts predicted the iron price slide to continue, in a note on Friday, cutting its forecast by 10%, expecting the price to fall below 100 a ton by the end of 2021 and to average 89 in 2022. However, they argued the cut to China's production was driven by the country's weak property market. Read: IronOre Prices May Have Peaked.

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    11/05/2020 · Ironore prices to remain resilient – Fitch. Research firm Fitch Solutions Country Risk and Industry Research, which is a unit of Fitch Group, has maintained its ironore price forecast at 85/t for this year, as prices remain resilient compared with other metals on the back of the Covid19 pandemic. The firm says stronger Chinese steel ...

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    20/09/2021 · A MAJOR decline in the iron ore price has sent valuations of miners that produce the mineral plummeting in the last two months, said Bloomberg News.. Rio Tinto, BHP and Fortesque Mining – Australia's top three iron ore producers – have seen share price corrections a combined 109bn which is roughly equivalent the share price of General Electric Corporation.

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    14/07/2021 · Price for iron ore has seen better these days. Iron ore prices have been supported by hopes that China, which accounts for more than 70 percent of global seaborne iron ore trade, will invest heavily in infrastructure and construction to revive an economy devastated by the coronavirus.

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    16/07/2021 · While prices are not likely to remain above 200 per ton, there won't be a collapse and they could hover between 100 to 150 per ton, analysts at the .

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  • Ironore's brutal collapse under 100 flags more trouble ahead

    17/09/2021 · Ironore sank below 100/t as China's moves to clean up its heavypolluting industrial sector spurred a swift and brutal collapse. Prices have more than halved since peaking in .

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