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PR Newswire
18-03-2015, 07:45 PM
Iron ore is expected to stay low due to
1. Poor Chinese demand this coming
2. Greater expectation on pollution control
Furthermore, iron ore has weaken below $57 this week.
No near term catalyst for iron ore price increase this coming spring.
More supply is expected to come online from the 4 majors as well
1. Poor Chinese demand this coming
2. Greater expectation on pollution control
Furthermore, iron ore has weaken below $57 this week.
No near term catalyst for iron ore price increase this coming spring.
More supply is expected to come online from the 4 majors as well