Iron ore forecast

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WebFeb 28, 2024 · This year, this figure is forecast to rise by 2.2% y/y to nearly 1.9B tonnes. Global Iron Ore Exports. In 2024, global iron ore exports rose modestly to 1.6B tonnes, surging by 4.5% on the year ... WebWe forecast iron ore production in Australia to grow at an annual average of 1.8% over 2024-2025. While significantly slower than 3.0% over the previous five years, this would still lift annual ...

Iron Ore Quarterly Report - Fitch Solutions

WebApr 12, 2024 · Cyclone Ilsa is forecast to hit the Kimberley region off the coast of Western Australia later this week resulting in a two per cent share hike for iron ore on the ASX. The … WebApr 13, 2024 · Port Hedland, the world’s biggest iron ore export point and used by BHP Group, Fortescue and billionaire Gina Rinehart’s Hancock Prospecting, closed on Thursday … how many weeks are in 52 days

Iron Ore Price: Charts, Forecasts & News - FocusEconomics

WebJul 16, 2024 · Goldman’s Snowdon said iron ore has a “robust underpin” and a “gradual softening fade” ahead. Prices will soften only when demand growth rates decelerate, he added. “For now, it looks ... WebApr 13, 2024 · The recovery in the Chinese economy looks set to keep iron ore prices on an upward trajectory, boosting Brazil's trade surplus and helping to fuel progress in projects … WebSep 30, 2024 · The big hit occurs in 2024: our price forecast has been cut to $90/t CFR. Smaller downward adjustments have been applied for subsequent years with 62% Fe fines forecast to average $72/t CFR (in real terms) between 2024-25. how many weeks are in 48 months

Why is the iron ore price crashing and what does it mean for ... - ABC

Fitch Solutions lowers short-term iron-ore price forecast - Mining …

WebSep 5, 2024 · We forecast Brazil's iron ore production to increase at annual average rate of 2.6% from 2024-2026 from 409.6mnt this year to 473.5mnt in 2026. Production growth … WebIron Ore Summary Forecast Stats Alerts Prices for iron ore cargoes with a 63.5% iron ore content for delivery in Tianjin extended their recent drop to $120 per tonne, the lowest in … Brent crude futures were around $86 a barrel on Friday, holding close to levels … Silver futures surged to a one-year high of 26 per ounce in April, tracking the rise in … US natural gas futures were trading around the $2.1/MMBtu mark, close to levels not … Gasoline futures fell below $2.85 per gallon after data showed a smaller-than … WTI crude futures hovered at five-month highs of $83 per barrel on Thursday, … Copper increased to a 6-week high of $4.12 per pound amid a weak dollar, … Soybeans hovered around $15.0 per bushel, remaining close to an over three-week … Steel rebar futures fell under CNY 3,950 per tonne in April, the lowest year-to-date, … Lumber futures dropped below the $400 per thousand feet mark, not far from an … Heating oil futures were trading around the $2.67 per gallon mark, above a one-year … how many weeks are in 59 daysWebJan 19, 2024 · In December 2024, iron ore was valued at approximately 111.84 U.S. dollars per dry metric ton unit (dmtu), as compared to 116.96 U.S. dollars per dmtu in the same … how many weeks are in 4 years

"WebApr 13, 2024 · Iron Ore Price: Get all information on the Price of Iron Ore including News, Charts and Realtime Quotes. Menu icon A vertical stack of three evenly spaced horizontal … " - Iron ore forecast

Iron ore forecast

Fitch revises short-term iron-ore price outlook higher on China …

WebNov 9, 2024 · In the longer term, the firm forecasts iron-ore prices declining from an average $155/t this year, to $65/t by 2025 and $52/t by 2030 – driven by a combination of weaker … WebJul 18, 2024 · Forecasting iron ore output from the largest iron ore exporting countries in order to predict global iron ore supply can be very helpful when speculating on spot, futures and contaminant penalty price movements. Problem

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Web1 day ago · The most-traded September iron ore on China's Dalian Commodity Exchange DCIOcv1 ended daytime trade 0.8% lower at 768.50 yuan ($112.30) a tonne, and was on … WebIron Ore Market Outlook Detailed analysis of the global markets for sinter fines, lump, pellet and pellet feed through the next five years Forecasts for demand, supply and trade on a …

WebApr 11, 2024 · The biggest cyclone to hit WA in over a decade is set to smash WA’s Port Hedland, the world’s biggest export point for iron ore; ACCC chairwoman Gina Cass … WebIron Ore Forecasts The only publication of its kind, Energy & Metals Consensus Forecasts™surveys over 40 of the world’s most prominent commodity forecasters …

WebAug 27, 2024 · Fitch forecasts iron ore production in Australia to grow at an annual average of 1.8% over 2024-2025. The company expects China’s iron ore production to also rise in the next 3-4 years as... WebSep 30, 2024 · Market Intelligence forecast 2024 global iron ore supply at 2.4 billion tonnes and crude steel production at 1.98 billion tonnes, with China accounting for about half the …

WebNov 3, 2024 · This is expected to happen in the first quarter of 2024. Liberum concluded by giving its analysis of the current iron ore price in China. Flagship signal, 62 per cent Fe fine, North China (31-Oct ...

WebMay 12, 2024 · The iron ore price surged to a record $237.57 per tonne Wednesday as strong Chinese demand continued to outpace supply, but analysts are not entirely convinced the price run has legs. The record ... how many weeks are in 55 daysWebJun 16, 2024 · Iron ore prices have gyrated lately and have curled up since November 2024. Forecasts predict prices to remain buoyant for the remainder of 2024. The price of iron ore is currently US$132.50 per ... how many weeks are in 60 yearsWebMar 28, 2024 · The global Iron Ore Pellets market size was valued at USD 55415.22 million in 2024 and is expected to expand at a CAGR of 3.56% during the forecast period, reaching USD 68352.78 million by... how many weeks are in 62 daysWebApr 11, 2024 · The global Iron Ore Concentrate market was valued at USD million in 2024 and is anticipated to reach USD million by 2029, witnessing a CAGR during the forecast … how many weeks are in 66 yearsWeb2 days ago · Direct Reduced Iron (DRI) is an iron ore that is used for removing the oxygen from its ore or ferrous substances. ... Insights and Forecast, 2024-2029. Key Findings / Summary. By Form (Value ... how many weeks are in 5 yearsWebApr 13, 2024 · Earlier this year, mining analysts at local bank Itaú BBA upped their iron ore price forecast to US$1157/t by end-2024, compared with US$105/t previously, also citing the recovery in China as... how many weeks are in 84 daysWeb1 day ago · The most-traded September iron ore contract on China’s Dalian Commodity Exchange ended daytime trade 3.1% lower at 769 yuan ($111.89) a tonne. “Iron ore is facing price control pressure, and ... how many weeks are in 74 years