Photographer: Dado Galdieri/Bloomberg

What’s Next for Iron Ore From the Guy Who Foresaw 2016 Rally

  • Commodity seen higher in 2017, 2018, Prestige’s Schenker says
  • Weaker dollar set to boost prices as macro factors ‘critical’

Iron ore will probably extend 2016’s rally as China takes further steps to stoke growth and the dollar weakens, according to Prestige Economics LLC’s Jason Schenker, whose rare bullish call in the final quarter of last year is turning out to be right.

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