Iron Ore May Struggle to Reclaim $50 on China, Rising OutputBy
Downturn in China's steel consumption will weigh on prices
Low-cost mine supplies from Australia, Brazil set to expand
Iron ore ’s tumble back below $50 a metric ton may last for some time as the twin factors that put it there, rising low-cost production from the majors and signs of faltering demand in China, will probably persist.
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