iron ore prices

China reduced iron ore production by 3.3% in January-July

Production decreased by 18.7% compared to June

Iron ore prices increased by 15% over the week

A range of positive news pushes ore prices to a four-week high

Iron ore prices in China will fall to $70/t in the third quarter – Goldman Sachs

This forecast is based on the crisis in the Chinese real estate market

Iron ore prices in China rose by 5.6% in a week

Raw material prices reached $100.7/t on Friday

Iron ore price in China fell by 15% in a week

The price of a ton of raw materials fell below $100

Australia expects ore prices to drop to $115/t in 2022

In 2023 and 2024, the cost of ore will fall even lower - to $85/t and $70/t

Iron ore market in EU is waiting for redistribution

Diversification of supplies is required due to expected export cut from Ukraine

European steelmakers will lose supply of iron ore from Ukraine
European steelmakers will lose supply of iron ore from Ukraine

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

The end of hopes: steel production in Ukraine to fall because of low prices

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

Fitch: Global iron ore production will increase in 2022-2026

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

Iron ore prices decline threatens Ukraine’s exports

Panic is at the raw materials and metal markets

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