Goldman Sachs Expects Iron Ore to Keep Falling-Shanghai Metals Market

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Goldman Sachs Expects Iron Ore to Keep Falling

Industry News 09:18:00AM Sep 26, 2017 Source:SMM

SHANGHAI, Sept. 26 (SMM) - Goldman Sachs expected iron ore price to extend declines, and to fall to $60 per tonne in late year.

China’s environmental drive will reduce its iron ore demand in the last quarter of the year.

The article is edited by SMM and is provided for information purpose only. SMM assumes no liability and does not warrant the accuracy, reliability or completeness of information contained or quoted in the article, either express or implied. SMM further disclaims any liability for losses in connection with the information contained or quoted in the article.

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.

 

 

Key Words:  iron ore price  iron ore  steel price 

Price

more
62% Fe Fines (Qingdao Port): IOPI62
Aug.22
727.0
-12.0
(-1.62%)
62% Fe Fines (Qingdao Port, CFR Equiv.)
Aug.22
95.4
-1.7
(-1.76%)
58% Fe Fines (Qingdao Port): IOPI58
Aug.22
651.0
-7.0
(-1.06%)
58% Fe Fines (Qingdao Port, CFR Equiv.)
Aug.22
86.0
-1.0
(-1.20%)
65% Fe Fines (Qingdao Port): IOPI65
Aug.22
777.0
-10.0
(-1.27%)

Goldman Sachs Expects Iron Ore to Keep Falling

Industry News 09:18:00AM Sep 26, 2017 Source:SMM

SHANGHAI, Sept. 26 (SMM) - Goldman Sachs expected iron ore price to extend declines, and to fall to $60 per tonne in late year.

China’s environmental drive will reduce its iron ore demand in the last quarter of the year.

The article is edited by SMM and is provided for information purpose only. SMM assumes no liability and does not warrant the accuracy, reliability or completeness of information contained or quoted in the article, either express or implied. SMM further disclaims any liability for losses in connection with the information contained or quoted in the article.

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.

 

 

Key Words:  iron ore price  iron ore  steel price