Iron-ore prices to trend lower in first six months of 2021

, ,

BY: Tasneem Bulbulia | Mining Weekly

The surge in iron-ore price between the second and fourth quarter of 2020 has run its course, says Fitch Solutions Country Risk and Industry Research.

It notes that prices should grind lower during the first half of this year as supply improves and demand growth slows.

On the supply side, improving production growth from Brazil will help to loosen tight supply in the seaborne market, Fitch Solutions says…Full Story

Related Posts

, ,

China may take steps to curb surging iron ore prices

Source: Reuters BEIJING (Reuters) -Chinese regulators may take steps to curb surging iron ore prices, the state-owned Shanghai Securities Journal said on Friday, without providing details on any actions to be taken. The report comes after China’s state planner said last week it had sought expert advice on how to deal with rising prices. Read […]

,

Coal shortage now at alarming levels, say aluminium producers

With no relief in sight despite coal stocks running critically low and production disruptions looming across the Indian aluminium sector, the Aluminium Association of India (AAI) has urged the union coal ministry for immediate resumption of adequate coal rakes for the highly power-intensive Aluminium industry. In its representation to the Ministry, the AAI has lauded […]