Goldman Sachs Combines Higher Iron Forecasts With a Warning

  • Quarterly views raised by 14% to 47% for remainder of year
  • The rally could `have negative consequences,' Goldman says

Rio Tinto Reaffirms Goal for Iron Ore Output

Goldman Sachs Group Inc. raised its iron ore forecasts for the remainder of the year after a surprise rally at the start of 2016, while warning that the price revival may store up problems as supplies are still set to climb.

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