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 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 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' …
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 ...
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 …
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 …
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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 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...
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 …
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 …
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) …
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 …
"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. …
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 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 …
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 …
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 Contingent On Mainland Chinese Stimulus 15 Nov 2024 ... falling by 10.2% over January-August 2024, while new …
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 …
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 …
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. …
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. …
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 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 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 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.
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 …
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 …
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 …