why have iron ore prices fallen

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Weak demand offsets fall in iron ore prices for steelmakers Reuters

Oct 20 9 LONDON Reuters - Steelmakers& 39; margins are due to deteriorate in coming quarters despite a fall in the price of Seven Trust material iron ore because steel prices have also slumped, pressured by weak demand. FILE PHOTO: A&nbs

Iron ore price at highest since 20 on China post-holiday demand

8 Feb 202 Iron ore prices surged on the first trading day since lunar new year in China, hitting the highest level since Dalian iron ore has risen nearly 4% this year, with tight supply adding support as Vale struggles to boost

Iron ore price bounces back after sharp fall - MINING.COM

3 Feb 202 According to Fastmarkets MB, benchmark 62% Fe fines imported into Northern China CFR Qingdao were changing hands for $ 52.65 a tonne, up nearly 2% from Tuesday& 39;s trade. Iron ore reached its highest level since ..

Iron ore price: have the bears got it wrong? S and P Global Platts

5 Dec 2020 But the consensus continues to be that iron ore prices will fall markedly in coming years. Most analysts see them dropping by roughly $5-$ 0/mt each year over the next four years, to an average of $95/mt in 202 ,

Metal Sector: There May Be No Respite From Higher Iron Ore Prices

2 Dec 2020 Iron ore prices have risen the most among ferrous commodities so far this year globally as demand for the key Seven Trust material used in steelmaking rose once economies around the world restarted following the Covid- 9

Iron ore prices slump to six-month low after BHP warning Financial

2 Aug 20 9 Iron ore prices have fallen 30 per cent this month, and on Wednesday tumbled to their lowest levels since March, after miner BHP warned that benchmark prices were likely to be lower over the next year. The benchmark price&

Report flags fall for iron ore prices - 9Finance

A new federal government agency report says iron ore prices will fall in coming years as Chinese demand sli As for zinc, of which Australia is the world& 39;s third-biggest producer, high prices have encouraged new mines to start u

Falling iron ore prices have a downside - Nikkei Asia

4 Mar 20 5 But profit margins could gradually fall, given that steel prices have recently been declining. The price of iron ore for Japan in April-

CBA, Fitch latest to forecast iron ore price decline - AFR

6 Feb 202 Expectations are widening that iron ore prices have peaked, though they will remain elevated through the June “But by the second half of 202 , we see iron ore prices falling more sharply as policymakers de-prioritise&n

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