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Jefferies slashes 2022 iron ore price forecast by 31%

Liberum says sell-off "probably not complete"

Tom Hoskyns
Jefferies slashes 2022 iron ore price forecast by 31%

Jefferies pointed to China's steel production cuts and the country's weakening property market as the primary bearish factors. The iron ore price (62% Fe spot CFR Tianjin) has collapsed spectacularly...

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