2006 iron ore price forecasts
More and more forecasters seems to be predicting small but significant increases in 2006 iron ore prices, when negotiations commence next month.
According to recent industry reports, analyst expectations are for price rises of some 10-20 per cent. This is because at present, demand continues to outstrip supply. In the short term, with the economic boom in China accompanied by a strong recovery in Japan, this supply / demand imbalance is moreover expected to continue
These price rise forecasts are in line with the assessments reported by us in October.
blogger@steelonthenet.com
According to recent industry reports, analyst expectations are for price rises of some 10-20 per cent. This is because at present, demand continues to outstrip supply. In the short term, with the economic boom in China accompanied by a strong recovery in Japan, this supply / demand imbalance is moreover expected to continue
These price rise forecasts are in line with the assessments reported by us in October.
blogger@steelonthenet.com
posted by sotn @ 9:11 PM permalink
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