➤ We forecast iron ore prices to trend down over the second half to average $105.00/dmt in the September quarter on steel production curbs to address emissions or oversupply in China and on weak demand elsewhere. Analyst comment Having hit a three-month high of $116.75...
Iron ore prices could fall by almost 30% by the end of 2023 – forecast According to analysts, the price of raw materials will be $90-100/ton by the end of the year According to experts, iron ore p...
BMI, a unit of Fitch Solutions, has maintained its 2023 iron ore price forecast at an annual average of $110/tonne, with strong risks to the upside. BMI says in a note that the iron ore price resilience continues from positive sentiment, falling Mainland Chinese port inventories, and strong...
Goldman Sachs forecasted that the iron ore price will drop further in the second half of 2023. The broker decreased the iron ore price from the current level by 20% to an average of US$90/ton for the period.Goldman Sachs lowered its iron ore price forecast due to falling margins for ...
Iron Ore MarketScope Report Coverage Details Page number 203 Base year 2024 Historic period 2019-2023 Forecast period 2025-2029 Growth momentum & CAGR Accelerate at a CAGR of 3.3% Market growth 2025-2029 USD 60.9 billion Market structure
Iron Ore (USD/T) 103.90 -0.18 (-0.17%) PriceDayMonthYearDate Gold 2613.23 7.33 -0.28% -1.07% 26.95% 19:14 Silver 29.43 0.091 0.31% -3.81% 24.48% Dec/30 Copper 4.07 -0.0050 -0.12% -0.18% 5.14% Dec/30 Steel 3,298.00 29.00 0.89% -1.26% -16.49% Dec/30 Iron Ore CNY 777.00...
The Iron Ore Market size is projected to be worth around USD 498.64 billion by 2032 from USD 349.85 billion in 2023 with a CAGR of 2.70%
Therefore, iron ore price forecasting is of special importance. This paper proposes a cutting-edge multi-echelon tandem learning (METL) model to forecast iron ore prices. This model comprises variational mode decomposition (VMD), multi-head convolutional neural network (MCNN), stacked long short-...
Business intelligence firm Fitch Solutions Country Risk and Industry Research is revising its 2022 iron-ore price forecast upwards, from $90/t to $120/t, and its 2023 forecast, from $75/t to $110/t, as Chinese demand has once again started picking up. ...
The Pig Iron Market size was valued at USD 9.70 Billion in 2023 and the total Pig Iron Market revenue is expected to grow at a CAGR of 7.8% from 2024 to 2030, reaching nearly USD 16.41 Billion Pig iron is the result of the smelting process, wherein iron ore (including ilmenite) is ...