Post by
Gr8brt10 on Feb 19, 2022 9:03pm
Supportive of iron ore price
At least 700 BHP employees could quit or be fired for refusing Covid-19 vaccination
NewsWireWed, 16 February 2022 10:38PM
Comment by
Gr8brt10 on Feb 23, 2022 9:25am
From stockhead : 22 February 2022 Some analysts have been sceptical that China’s attempts to talk down iron ore prices will have long term success. Morgan Stanley last week said it still sees prices climbing to an eye-watering US$175/t in the second quarter, while even bearish analysts are upping forecasts, such as Fitch, which increased its 2022 estimate from US$90/t to US$120/t this week.
Comment by
Gr8brt10 on Feb 25, 2022 11:23am
https://www.mining.com/web/ferrexpo-declares-force-majeure-as-exports-halted-at-ukraine-port/
Comment by
Gr8brt10 on Feb 26, 2022 1:23am
Vale confirm the same... https://www.mining.com/web/ukraine-invasion-to-squeeze-high-quality-iron-market-vale-says/
Comment by
Gr8brt10 on Feb 26, 2022 1:37am
According too Daniel Newell of Bloomberg - Thursday 24 February - Japan looks to Pilbara for iron ore with expectations of Russia-Ukraine supply squeeze. CIA recently stated that it already ships 30-40 per cent of production to Japan so the demand for its high grade ore from Japan will have just got ever greater.