iron ore prices - Latest news GMK Center

Rising Chinese exports and weak demand in the EU put pressure on prices, affecting production in Ukraine

Amid weakness of the economies of Turkey and the EU, the state of the market will increasingly depend on the actions of China

At the beginning of December, quotes were held at a high level, but lost market support

The bank predicts that in 2025 the price of this raw material will average $95/t

Price expectations for the coming years reflect a transition to oversupply

Optimism about support for China's economy drives demand, despite risks associated with the real estate market and high inventories

Commodity prices will remain sensitive to incentives announced by the Chinese authorities

Weak economic signals from China continue to put pressure on iron ore prices

Quotations of raw materials adjusted to the level of August after a fall in September and a sharp rise in early October

The market is avoiding significant losses thanks to hopes of additional economic stimulus from the Chinese government

Since the end of September, the market has been showing significant growth amid the stimulus of the Chinese economy

Market prospects have improved following the implementation of a broad economic stimulus package by the Chinese government