CAPITAL MARKETS

RCR upgrades iron ore price forecast

A STRENGHTENING and stabilising iron ore market has led Resource Capital Research to upgrade its fines price forecast for the metal to $US55 a tonne free-on-board for next year, from $50/t previously, with lump attracting a 20% premium.

MiningNews.Net
RCR upgrades iron ore price forecast

The company lifted its guidance in its December quarterly review of the iron ore market, adding it was dependent on stability in the US dollar, relative global economic stability and consistent supplies,...

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