Iron Ore Price 2024. Fitch solutions country risk and industry research recently revised its iron ore price forecast for 2023 from $110 a tonne to $125 a tonne. Iron ore decreased 19.16 usd/mt or 14.05% since the beginning of 2024, according to trading on a contract for difference (cfd) that tracks the benchmark market for this commodity.
They raised their estimates amid expectations. This weakness continued overnight and saw the benchmark iron ore price fall a further 3.6% to us$105.35 a tonne.
In The Weeks Since, However, Prices For Sgx.
Looking ahead to 2024, cru has highlighted three important developments that are worth keeping an eye on:
Fitch Solutions Country Risk And Industry Research Recently Revised Its Iron Ore Price Forecast For 2023 From $110 A Tonne To $125 A Tonne.
Seaborne iron ore prices are set to climb to as much as $150 per ton in the first half of 2024, according to analysts who have lifted their estimates on.
Goldman Sachs Predicts The Iron Ore Price Will Top $Us130 By March, And The Average Value Over 2024 To Slip To $Us110, From $Us117 Last Year.
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For 2024, The Broker Expects A Pullback In The Benchmark Iron Ore Price To An Average Of Us$93 A Tonne.
Graph and download economic data for global price of iron ore (piorecrusdm) from jan 1990 to mar 2024 about ore, iron, world, and price.
They Raised Their Estimates Amid Expectations.
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