Iron Ore Prices Face Downward Pressure in 2025

Via Metal Miner All available indicators at the start of 2025 show that iron ore prices will likely remain subdued in the new year. According to the latest data, the supply side will remain strong. However, steel demand does not look very good – at least for now. BMI, a research agency under Fitch Solutions, was quoted in Hindu BusinessLine as saying that iron ore prices are likely to decline as weakened Chinese demand and the possibility of stricter trade protectionist measures limit market demand. Another report by Reuters cited data from…Weiter zum vollständigen Artikel bei OilPrice.com Weiter zum vollständigen Artikel bei OilPrice.com