Iron Ore Prices Expected to Drop Below $100 by 2025

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Dec 26, 2024

According to a report by Mysteel, an analysis of forecasts from 13 investment banks indicates that the average annual price of iron ore is expected to fall below $100 per ton by 2025. This projection suggests a further decline from the price levels anticipated in 2024. Among the forecasts, the most optimistic prediction places the average price at $100 per ton, while the most pessimistic estimates it at around $80 per ton.

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