掀开奶罩边躁狠狠躁苏玥视频,无码专区3d动漫精品,去阳台跪着把屁股抬起来,精品国产丝袜黑色高跟鞋


Australia retains iron ore price forecasts for current year and next year

  • Tuesday, December 24, 2024
  • Source:ferro-alloys.com

  • Keywords:market, mining industry,mine,steel,iron ore,
[Fellow]Australia's iron ore export earnings are forecast to decline to A$108 billion in 2024-25 from A$138 billion in 2023-24 and to A$96 billion in 2025-26

【Ferro-alloys.com】: Australia's iron ore export earnings are forecast to decline to A$108 billion in 2024-25 from A$138 billion in 2023-24 and to A$96 billion in 2025-26, due to lower prices over the outlook period, according to the quarterly outlook report by the Australian government's Department of Industry, Science and Resources.

The export earnings forecast for the fiscal year2024-25 has been revised slightly up from A$107 billion in the previous report, reflecting a lower rise in the exchange rate and slightly higher prices in the December quarter.

Iron ore price volatility continued in the December quarter, while the daily benchmark iron ore spot price increased by about 20 percent in October to around US$105/mt, following the policy measures announcement by the Chinese government.

Consequently, prices moderated due to cautious expectations of the market regarding the impact of the measures. In November, prices changed little despite the additional measures. Over the past year, iron ore prices have risen and fallen in line with market speculation regarding further policy announcements in China, a pattern that is likely to continue at least until early2025. Also, the outlook for iron ore prices remains soft due to the strong supply outlook and weaker steel demand. Australia and Brazil, the world's two largest producers, are expected to continue to increase export volumes by 1.9 percent per year over the outlook period to 2026.

This follows a ramp-up of greenfield projects by major Australian miners, and major expansions planned by Brazilian producers Vale and Companhia Siderurgica Nacional (CSN). New supplies from Africa will also contribute to global supply. Additionally, rising steel demand and production capacities in the emerging Asian and Middle Eastern countries will lift iron ore demand over the outlook period.

The report pointed out that the benchmark iron ore price is still projected to fall to an average of US$92/mt in 2024 and then decline further to US$80/mt in 2025 and to US$76/mt in 2026.

  • [Editor:Alakay]

Tell Us What You Think

please login!   login   register
Please be logged in to comment!
主站蜘蛛池模板: 阜南县| 筠连县| 潜江市| 安仁县| 讷河市| 莱西市| 桂阳县| 上饶县| 西平县| 新兴县| 金川县| 仪陇县| 边坝县| 房产| 武平县| 城固县| 罗甸县| 毕节市| 贵定县| 南漳县| 繁昌县| 南陵县| 青铜峡市| 广宁县| 昌邑市| 泗洪县| 绥江县| 新田县| 博野县| 聂拉木县| 洛隆县| 武义县| 林甸县| 酒泉市| 三台县| 汶上县| 洪洞县| 碌曲县| 平远县| 湘西| 长顺县|