大龟慢慢挺进女友闺蜜的小说,轻轻挺进少妇苏晴身体里,日日干

You are visiting:Home > News > China insight

Citigroup: average price of iron ore will fall to $80 in the fourth quarter

Tuesday, July 21, 2020
Source:ferro-alloys.com

Save Print

Font: Big Middle Small
Share

Keywords:Citigroup average price iron ore

[Fellow]Citigroup said in a report that by the end of this year, iron ore inventory in Chinese ports may increase to 140 million tons.

[Ferro-Alloys.com] Citigroup said in a report that by the end of this year, iron ore inventory in Chinese ports may increase to 140 million tons, while the average prices in the third and fourth quarters were $100 and $80 per ton, respectively. The baseline forecast (indicative probability 60%) assumes that China's steel demand growth is basically flat year-on-year and that steel demand outside China will decline by 14% in 2020.

Source: translated by editor

[Editor:kangmingfei]

Related News

·	Sumitomo scores legal victory in Bolivia	07-20
·	Global aluminum demand to drop 5.4% this year; output rising: IAI ...	07-20
·	Vale launches pilot plant for dry magnetic separation	07-20
·	Rio Tinto says threat of virus second wave is roiling raw material...	07-20
·	Court suspends Vale’s $1.5bn deposit in Brumadinho case	07-20