Aust. Govt sees iron ore prices averaging $80/t in 2025

Australia's Department of Industry, Science and Resources predicts that the spot price of 62% Fe grade iron ore will average US$80/tonne (FOB, Australia basis) in 2025, lower …

Iron ore price falls as China watches exaggerated price moves

Iron ore prices fell on Friday after China's state planner pledged to step up regulatory oversight of the market following another price rally. Chinese authorities are again …

Iron Ore Prices Fall 55% From Peak: Analysing The Causes

Iron ore prices are currently trading around the $97 per tonne level, which is 55% lower than the peak price of around $200 in 2021. According to industry expert Javier Blass' …

Is the rally in ASX 200 iron ore stocks just a short …

The market has been underweight on ASX 200 iron ore stocks recently due to concerns about China, as well as iron ore commodity prices falling to two-year lows in the September quarter. That all ...

Here's Why the Price of Iron Ore Has Been Falling

The iron ore industry is in turmoil. The price of the key steel making ingredient collapsed to a low of around $90 per ton at the end of June, a near three-year low, although it …

Monsters of Rock: Canberra forecasters see iron …

Canberra's economic forecasters have again forecast big coming drops in iron ore prices; Nickel and lithium recovery not yet in the picture; Just three ASX 300 metals and mining stocks in the green in horror week for …

Why the iron ore price is under pressure

Read the latest news headlines and in-depth analysis from an independent and trusted source. Check the latest news on business, sports, weather, and more.

Downturn in steel demand affecting iron ore market, report …

Global iron ore production increased 3.6% in 2008, despite declining demandGeneva, 26 June 2009 - Demand for iron ore will surely be lower in 2009 than in 2008, …

Iron ore price flicks higher from lowest close in …

Iron ore rose from its lowest close since November 2022, as bearish investors took pause after a sharp slump for the steelmaking material. The flick higher on Friday ends five days of losses...

Iron Ore Price Forecast | Is Iron Ore a Good Investment?

Long-term iron ore price forecast. According to Australia's OCE, iron ore prices were expected to fall toward lower longer-run levels beginning in 2024, owing to modest …

Price of iron ore may fall to $100 per ton again at the end of …

The price of iron ore is expected to relapse to $100 per ton again by the end of this year, before falling further to reach $85 per ton in 2025, in light of the worsening Chinese …

Here's Goldman Sachs' latest forecast for the iron ore price

The iron ore price dipped again overnight, with futures falling 1.1% to US$99.90 per tonne. That looks to be throwing up some headwinds for the S&P/ASX 200 Index (ASX: XJO) …

Iron ore's price outlook divides analysts

The iron ore price has defied forecasts for a fall into the end of last year to reach ... were probably too pessimistic again. ... from lower iron ore prices in 2022 for BHP and Rio …

Rise and fall: Iron ore's rocky ride continues

"Overall, iron ore prices have declined by more than a third since the start of 2024. These falls reflect weakening steel demand in China in the context of strong growth in iron ore supply," DISR's September report says. …

3 reasons why iron ore is falling, and …

Iron prices are falling again and it's having a negative impact on key ASX iron ore shares. It will impact BHP's dividend too, thinks UBS, who have identified three major …

Iron ore price falls as Chinese steel mills cut …

Iron ore futures prices continued their fall on Monday to the lowest level in more than four months. The price drop has largely been caused by a drop off in steelmaking in China, the top consumer of iron ore. ... Some mills …

GRAPHIC-Bearish demand expectations challenge iron ore's price …

Iron ore prices, long resilient despite China's gloomy economic outlook, have tumbled since the end of the Lunar New Year holiday, sparking concerns around faltering …

Big miners are steeled against falling iron ore | Reuters

Iron ore fell almost 20% last week to $103 a tonne and is down by more than half over the past two months. In futures trading in Singapore on Monday the price fell to as low as …

Iron Ore: Price Weakness To Continue Into 2025, Upside …

Iron Ore: Price Weakness To Continue Into 2025, Upside Contingent On Mainland Chinese Stimulus 15 Nov 2024 ... falling by 10.2% over January-August 2024, while new …

Iron Ore Prices Plunge Below $100

Via Metal Miner. Iron ore prices hit the headlines again after dipping below the psychological barrier of US $100 per ton this Monday. It was the fourth time it crossed the …

Goldman Sachs: Iron Ore Prices to Fall …

Following a substantial fall in the iron ore price over the past three months, China's approaching Golden Week holiday (beginning October 1st) could bring some price …

3 reasons why iron ore is falling, and why it could slash …

Iron prices are falling again and it's having a negative impact on key ASX iron ore shares. It will impact BHP's dividend too, thinks UBS. July 22, 2024 09:56 July 22, 2024 09:56. …

Iron ore price rebounds on improving steel …

Beijing – Iron ore futures prices rebounded on Monday, helped by improving steel margins, falling portside stocks and stimulus hopes in top consumer China, although gains were limited by seasonally slow demand. …

Industrial Metals Monthly: Iron ore tumbles below $90 as …

We expect iron ore prices to fall further this year amid subdued demand and sufficient supply. Downside risks are likely to prevail in the near term amid subdued steel …

Iron ore price reverses to losses as weakening …

Iron ore futures prices fell on Thursday, reversing from earlier gains, with weakening downstream steel consumption dampening sentiment and investors hungry for clues on details about anticipated stimulus from top …

Iron Ore Sell-Off Deepens as Global Growth Fears Hit …

Iron ore sank below $90 a ton for the first time since 2022 as industrial commodities faced sustained pressure from tepid Chinese demand and gathering worries over global growth.

Iron Ore Price Forecast: Top Trends for …

Iron ore price forecast for 2025 Wood Mackenzie's iron ore price forecast on a 62 percent Fe fines basis, CFR China, is pegged at US$99 for 2025 and US$95 for 2026.

Bust to Boom: The rise and swift fall in iron ore …

Government budgets – According to research from CBA, Australia's nominal GDP is forecast to reduce by $6.5 billion for every US$10 fall in iron ore prices, relative to the federal budget assumptions. Other research …

Falling iron ore prices create multibillion-dollar risk to the …

The fall weighed on the Australian dollar on Friday, which fell 1.2 per cent to US71.5¢ and the risk of the currency falling below US70¢ grew. The iron ore spot price has …

CRU: Iron ore at US$140/dmt – what's driving the fall?

So, what is driving this recent sharp fall in iron ore prices? Chinese demand for spot volumes has vanished. To understand why iron ore prices are falling hard, turn to the …