Goldman Sachs Maintains Its Average Price Forecast For Iron Ore Of $95/T For 2025
ReutersMar 14, 2025 11:06 AM
March 14 (Reuters) - GOLDMAN SACHS:
MAINTAINS ITS AVERAGE PRICE FORECAST FOR IRON ORE OF $95/T FOR 2025, WITH PRICES DIPPING TO $85/T BY THE END OF THE YEAR
SEES DOWNSIDE RISK TO IRON ORE PRICE FROM A LARGER 50MT PRODUCTION CUT
REVISE DOWN THEIR 2026 AVERAGE PRICE FORECAST TO $85/T (PREVIOUSLY $90/T), DRIVEN BY A SIGNIFICANT BUILD UP IN IRON ORE STOCKS AS CHINA STEEL PRODUCTION DECLINES
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