Industry News

Investing in ASX 200 mining stocks? Here’s Citi’s latest iron ore price forecast

Views : 192
Update time : 2023-04-26 16:48:28
  • ASX 200 mining stocks are eyeing the outlook for iron ore demand
  • The industrial metal hit recent lows below US$80 per tonne in November and highs above US$130 per tonne in March
  • Sluggish demand from China has seen Citi cut its short-term forecast for the iron ore price to US$100 per tonne, with a possible low of US$90 per tonne
Related News
Read More >>
2025 SMM field trip to Indonesia's aluminium industry: Second Stop - Huafon Group's Jakarta office 2025 SMM field trip to Indonesia's aluminium industry: Second Stop - Huafon Group's Jakarta office
Jun .23.2025
2025 SMM field trip to Indonesia's aluminium industry: Second Stop - Huafon Group's Jakarta office
Has the inflection point of inventory buildup in social inventory of aluminium ingots already formed? The bullish market sentiment still dominates Has the inflection point of inventory buildup in social inventory of aluminium ingots already formed? The bullish market sentiment still dominates
Jun .23.2025
Has the inflection point of inventory buildup in social inventory of aluminium ingots already formed? The bullish market sentiment still dominates
ArcelorMittal stops German decarbonization projects due to unfavorable environmental conditions ArcelorMittal stops German decarbonization projects due to unfavorable environmental conditions
Jun .23.2025
ArcelorMittal stops German decarbonization projects due to unfavorable environmental conditions
Global primary aluminum market has surplus of 226,300 tons in Apr Global primary aluminum market has surplus of 226,300 tons in Apr
Jun .23.2025
Global primary aluminum market has surplus of 226,300 tons in Apr