Industry News

Is the iron ore price entering a bear market?

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Update time : 2022-08-02 21:12:55
  • China buys more iron ore than any other country, accounting for 70% of global imports in 2021
  • The global iron ore price is inextricably linked to China and tends to move up or down based on Chinese economic news 
  • Based on current valuation and potential dividend yields, Citi recommends BHP and Rio Tinto as buys and Fortescue a hold 
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