Data Kin Jun 8, 20, according to the analysis of the Citigroup, as Asian iron producers are reducing production, iron ore prices may further decline to the range of $80 per ton. Citigroup has lowered price forecasts and said that market dynamics have changed. Citigroup analysts, including Shreyas Madabushi, said in the report, "Prices need to weaken further to restore market balance. In the past, buying opportunities for attractive iron ore would be provided when the price fell below $100 per ton, but this time looks different."
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Citigroup: Harga bijih besi dapat turun lebih lanjut menjadi $ 80 per ton.
Data Kin Jun 8, 20, according to the analysis of the Citigroup, as Asian iron producers are reducing production, iron ore prices may further decline to the range of $80 per ton. Citigroup has lowered price forecasts and said that market dynamics have changed. Citigroup analysts, including Shreyas Madabushi, said in the report, "Prices need to weaken further to restore market balance. In the past, buying opportunities for attractive iron ore would be provided when the price fell below $100 per ton, but this time looks different."