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Web ·Video embedded· Australia on Friday raised price forecasts for iron ore and coal on the back of an unexpected improvement in demand from Chinese steelmakers.
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Iron ore price hits 2016 high Financial Times
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Goldman Sachs has slashed its iron ore price forecasts after the slowdown in China hammered prices by about 50 percent this year.
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The iron ore price slide has been particularly pronounced in the last few weeks, as Chinese demand didnt pick up as expected after the New Year holiday.
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Video embedded· The rally in iron ore that has seen prices climb from multi-year lows hit in December will likely be short-lived, according to Goldman Sachs.
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Web ·Video embedded· Australia has cut its iron ore price forecast for 2016 and 2017, citing slow demand growth and a well-supplied market.
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Web ·Nov 17, 2016· BHP Billiton Ltd., the worlds biggest miner, expects soaring prices of iron ore and coking coal to moderate even as China pushes ahead with efforts to ...
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