Iron Ore Forecast UpdatedFitch Ratings updated their projected prices for iron ore. They anticipate a continued tight supply to last for the next 2 years and increased their target price from $90 to $120.
https://www.kitco.com/news/2021-03-02/Fitch-revises-metals-prices-on-tight-market-supply-warns-gold-price-to-fall-to-1-200-by-2023.html#