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'Efficient' iron ore market already balancing: BMO

BMO forecasts supply reaction from marginal tonnes, price normalisation

Jacqueline Holman
This year looks set to be the lowest year of growth from the "Big 3" iron ore miners since the global financial crisis

This year looks set to be the lowest year of growth from the "Big 3" iron ore miners since the global financial crisis

BMO analyst Colin Hamilton said in a note spot iron ore prices were already starting to trend back lower after the initial 20% jump after the Brumadinho tailings dam disaster in late January. He said...

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