iron ore prices - Latest news GMK Center

Due to the war and unfavorable market conditions, supplies began to decline

The war, problems with logistics and raw materials deliveries are strongly affect the steel production too

The agency expects production to grow by an average of 2.7% in 2022-2026, compared to a decrease of 1.3% in 2017-2021

Panic is at the raw materials and metal markets

Iron ore prices decline is accelerating

During the last week, the value of iron ore on the Dalian Exchange decreased by 10.4%

Price of iron ore fell to $122.52/t