UBS' head of EMEA mining. "We see the surplus getting larger in 2026/27 driving prices deeper into the cost curve." Weakness ...
Iron ore sank to the lowest in more than five weeks — falling below $100 a ton — as poor industrial profits in China ...
Iron ore prices are set to fall further this year in a blow to the budget bottom line, as Chinese President Xi Jinping ...
Iron ore sank to the lowest in more than five weeks — dipping below $100 a ton — as poor industrial profits in China ...
“Our base case assumes a moderate surplus in 2025 and prices holding up around $95-100/t,” said Myles Allsop, UBS’ head of EMEA mining ... iron ore, means imports are likely to grow Chinese ...