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Market consensus on iron ore "too negative" says Jefferies

Iron ore might have a better time of it in the medium term than expected, Jefferies has said.

Elliott Holley
Despite falling iron ore prices, in the medium term things might not be so bad, Jefferies has said

Despite falling iron ore prices, in the medium term things might not be so bad, Jefferies has said

"The bearish consensus view on iron ore… is too bearish, in our view," said Jefferies analyst Christopher LaFemina in a note.  "[It] is predicated on weaker demand in China combined with an easing of...

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