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Iron ore set for a fall in 2020, says Wood Mackenzie

Iron ore prices to fall to $80/t on slower demand growth in China and recovery in seaborne supply.

Elliott Holley
Iron ore production will depend on Vale's recovery, Chinese production and India's auction process, among other factors

Iron ore production will depend on Vale's recovery, Chinese production and India's auction process, among other factors

A surprisingly fast recovery in iron ore production by Vale, combined with increasing supply from China, and a possible rise in India, could combine to push iron ore prices downward in 2020 from their...

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