Author: Admin Operation
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Australia: Govt predicts dip of $12/t y-o-y in average iron ore prices in 2025
Iron ore supply to continue outpacing demand in 2025 China to cut steel output further amid realty sector woes Mysteel Global: Australia’s Department of Industry, Science, and Resources predicts that spot prices of 62% Fe grade iron ore will average US$80/tonne (t) (FOB, Australia basis) in 2025, lower by a marked $12/t from this year’s…