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Kallanish Steel Weekly: Iron ore could hit $90/t by year-end

Kallanish Steel Weekly: Iron ore could hit $90/t by year-end (April 4, 2023)

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Kallanish Consulting Services’ Ian Roper foresees strong supply growth pulling iron ore prices back down towards $90/tonne by year-end. He said at Thursday’s Kallanish Asia Steel Markets 2023 event in Ho Chi Minh City that iron ore market tightness will fade in the second half of 2023.

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