forecast - Latest news GMK Center

The company expects the average price of iron ore in 2026 to be $112 per tonne

Overall prices for commodities will rise by 16%

In 2027, the growth rate will accelerate to 2.2%

The expected price for iron ore is $95 per ton

Global economic growth continues to show resilience, the fund notes

The main factor will be a reduction in the supply of quotas on the market

In the context of external challenges for Ukraine, internal factors are becoming critically important

Business confidence in Ukraine declined in the fall amid worsening electricity shortages

Amid shelling, rising tariffs, and a lack of new drivers for the economy, Ukraine can expect minimal growth at best

However, it is expected to decline by 2030 amid competition from other energy sources

The operating margin of the steel sector will remain largely unchanged during this period

Main risks associated with the European market in connection with the introduction of CBAM