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Iron ore could stay high for 5-7 years, says JP Morgan

Cautious outlooks being replaced by wave of optimistic research reports.

Tim Treadgold
'We struggle to see what releases the current pricing tension heading into next year': JP Morgan

'We struggle to see what releases the current pricing tension heading into next year': JP Morgan

J.P. Morgan led the way in what seemed like a competition to replace previously cautious comments about the iron ore outlook with a rash of optimism. UBS and Macquarie Bank also updated their iron ore...

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