In its long-term iron ore forecast in September 2022, Fitch Solutions' iron ore price forecast for 2025 saw the price to drop to $80 and to $70 in 2026. Its iron ore price forecast for 2030 was even more bearish, predicting the price to keep falling to $52/tonne and $50/tonne by 2031.
Read our medium term market outlooks across various commodities, including historical and forecast prices and market analysis for metals, mining and fertilizers.
LIF's current price target is C$32.33. Learn why top analysts are making this stock forecast for Labrador Iron Ore Royalty at MarketBeat.
World Bank Commodities Price Forecast (nominal US dollars) Released: October 21, 2021
Get the latest iron ore price, chart, historical data and news from TradingEconomics. See how iron ore prices have changed over time and compare with other commodities.
Long-Term Outlook. Looking beyond 2021, we expect iron ore prices to follow a multi-year downtrend. We forecast prices to decline from an average USD160/tonne in 2021 to USD75.0/tonne by 2025 and USD63.0/tonne by 2030.
The price of iron ore has dropped for a sixth consecutive week as China's steel sector continues to struggle and port inventories of the raw material stop rising.
Iron ore price forecast through to 2027 According to a note out of the investment bank this week, its analysts expect the benchmark 62% fines iron ore price to average US$111 a tonne in 2024.
Graph and download economic data for Global price of Iron Ore (PIORECRUSDM) from Jan 1990 to Jun 2024 about ore, iron, World, and price.
Iron ore price forecasts (nominal) Price forecast revision; Iron ore price forecast (a long-term perspective) China hot metal and iron ore dynamics; China BOF and EAF production; China long term iron ore supply dynamics; Asia (ex-China): key demand forecast data; India crude steel production (Mt) India metallics mix (Mt) India iron ore ...
Iron Ore Forecasts The only publication of its kind, Energy & Metals Consensus Forecasts™surveys over 40 of the world's most prominent commodity forecasters covering over 30 individual commodity price …
Iron ore prices are forecast to average around US$100 a tonne in 2023, according to the Australian government's commodity forecaster, the Office of the Chief Economist (OCE).
US investment bank Goldman Sachs has not changed its iron ore price forecast for the second half of 2024, The Australian Business Review reports. The bank's analysts continue to expect the price of benchmark ore with a 62% iron content to be around $100/t by the end of this year.
Here are the iron ore and lithium price forecasts for the coming years. How will the metals fare? Let's find out...
Price forecast: iron ore's (unexpected) second peak! Implied Global Balance; View all tables and charts in this report Cash cost curve; ... Downward trajectory of iron ore prices due to structural decline in Chinese demand. $10,000. Commodity Market Report Global iron ore short-term outlook July 2024.
Goldman Sachs has slashed its iron ore price forecast by 18 per cent, saying weakened global demand, particularly in China, will result in a surplus of the commodity.
International rating agency Fitch Ratings has raised its iron ore price forecast for 2024-2026 amid limited supply, SteelOrbis reports. In 2024, the price of iron ore is expected to reach $105/t, in 2025 – $90/t, and in 2026 – $85/t.
Economists predict the Australian dollar will rise to US70¢ by the end of the year, buoyed by US rate cuts and an unexpectedly strong iron ore price.
"Meanwhile, iron ore fundamentals could improve post Chinese New Year as mills will resume production supporting iron ore demand," says Citi. Revisiting November's Call. On 22 November 2023, Citi upgraded its 3-month price forecast for iron ore to US$140 a tonne. One of my favourite takeaways from the note was the line about: "Any …
Mr Dhar, recently upgraded his iron ore forecast, still thinks the steel-making ingredient has some way to fall. He predicted prices to contract about 17 per cent in 2024-25 and a further 9 per ...
India Iron Ore Market Synopsis . The India iron ore market is expected to witness a CAGR of around 7.6% during the forecast period 2020-2026. India is one of the major producers and exporters of iron ore in the world, with large reserves available in Karnataka, Jharkhand, Chhattisgarh, Telangana and Goa States.
In 2024, nickel, iron ore, and zinc prices are projected to post the most significant declines year-on-year, at 21%, 9%, and 6%, respectively. However, copper and tin prices are forecast to increase modestly by 5% and 4%, respectively, while aluminum is expected to see a slight rise of 2%.
Discover data on Iron Ore Average Sale Price in India. Explore expert forecasts and historical data on economic indicators across 195+ countries.
We maintain our 2024 iron ore price forecast at an annual average of USD120/tonne, but note strong downside risks, stemming from subdued demand from Mainland China. Continued weakness in China's property sector, which has been weighing on overall economic growth, is likely to continue placing a cap on prices. On the supply side, major …
In 2024, nickel, iron ore, and zinc prices are projected to post the most significant declines year-on-year, at 21%, 9%, and 6%, respectively. However, copper …
Iron Ore 62% Fe, CFR China (TSI) Swa price information, historical data, charts, stats and more.
According to a note out of the investment bank this week, its analysts expect the benchmark 62% fines iron ore price to average US$111 a tonne in 2024. This is …
Iron ore price forecast (a long-term perspective) Incentive price analysis – selected projects 'Project incentive prices (62% Fe fines equivalent CFR China) (Simandou @12% IRR)
The international rating agency Fitch Ratings has raised its price forecast for iron ore and coking coal for 2023-2026. The price of iron ore is expected to reach $118 per tonne this year (up from $110 per tonne in the previous forecast). In 2024, the price for this raw material is forecast at $95/t, in 2025 – $80/t, in 2026 – $75/t.
Despite iron ore rebounding strongly in early 2023, after falling more than 50% in the second half of 2022, prices are expected to ease over the next 5 years on …
Experts predict iron ore prices will remain volatile in 2024, driven by China's steel production, exports and stimulus measures. Learn how supply, …
Australia has revised higher global iron ore price forecasts for calendar 2022, expecting new infrastructure investment and easier credit conditions in China to provide further support for steel demand, in turn underpinning iron ore prices.
Iron ore hit the lowest level since 2022 on concern that global supply is running ahead of demand, with China's steelmakers mired in a crisis and cutting output …
The more than 25 per cent plunge in iron ore since early January has brought the steel-making material to where Caroline Bain, chief commodities' economist at Capital Economics, forecasts it ...
The broker sees iron ore prices hitting $US150 a tonne in the June quarter, amid a seasonal boost in demand. Just don't count on a new bull market.
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 demand and denting mining ...
expert price forecasts, comprehensive analysis of the supply-side, and commentary on the global macro-economic environment. ... Where is the iron ore market heading? Stay ahead of the pack with the latest country and price insights over …
JPMorgan has revised its iron ore price forecasts for the coming years, citing a more favorable outlook for the market, Kallanish reported.
Will the iron ore price remain strong in the coming years? Let's see what analysts are forecasting for the steel-making ingredient...
Graph and download economic data for Global price of Iron Ore (PIORECRUSDM) from Jan 1990 to Jun 2024 about ore, iron, World, and price.
حقوق النشر والنسخ؛ 2024.Aava جميع الحقوق محفوظة.خريطة الموقع