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Steel slump will send iron ore to $50/tonne - Liberum

UK broker Liberum Capital sees iron ore prices testing US$50/tonne in 2020.

Tom Hoskyns

Liberum's bearishness is underpinned by its view that Chinese demand - though hardly robust at present - is set to slide over the coming year. "We think it's going to get much worse, because what hasn't...

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