Looking beyond 2024-2024, Fitch expects iron ore prices to follow a multi-year downtrend. In the longer term, Fitchforecasts prices to decline from an average of $155/tonne in 2024 to $65/tonne by 2025 and $52/tonne by 2030 (Read the full report here) See more Chinese demand for iron ore, stemming from the country’s V-shaped economic recovery and the government’s major stimulus plan in supporting the construction industry peaked in H121, Fitchsays. Fitch also … See more On the supply side, Fitch says improving production growth from Brazil and Australia has started to loosen tight supplies on the seaborne market, though Vale will take longer to return to pre-Brumadinho dam … See more WebNov 23, 2024 · We have cut our 2024 iron ore price assumption and increased it in 2024-2024. We expect the iron ore market to be more balanced in 2024 following a large deficit …
Global Iron Ore Market Report 2024-2026 - Positive Steel
WebApr 12, 2024 · Due to the COVID-19 pandemic, the global Iron Ore Pellets market size is estimated to be worth USD 54480 million in 2024 and is forecast to a readjusted size of USD 67010 million by 2028 with a ... WebMay 5, 2024 · Looking beyond 2024, we expect iron ore prices to follow a multi-year downtrend. We forecast prices to decline from an average USD160/tonne in 2024 to … iowa johnson county sheriff\u0027s office
Fitch Ratings Increases Most Global Metals and Mining Price …
WebMagnetite Iron Ore Market Size is projected to Reach Multimillion USD by 2030, In comparison to 2024, at unexpected CAGR during the forecast Period 2024-2030. Browse Detailed TOC, Tables and Figures with Charts which is spread across 107 Pages that provides exclusive data, information, vital statistics, trends, and competitive landscape … WebAug 18, 2024 · The spot price for benchmark 62% ore delivered to north China , as assessed by commodity price reporting agency Argus, slipped to $100 a tonne on Wednesday, a three-week low and down from the... WebAug 12, 2024 · 11. Metal Ore Market Segmentation . 11.1. Global Metal Ore Market, Segmentation By Type, Historic and Forecast, 2015-2024, 2024-2025F, 2030F, $ Billion Gold Ore Iron Ore All Other Metal Ores ... open beach near me