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Iron ore price surge end-2020 fails to deter build in port

Iron ore exporters beyond Australia and Brazil lifted their exports to China due to constrained demand elsewhere and high seaborne prices. China imported 11.77 million mt and 14.03 million mt in Q2 and Q3 from India, 114% and 80% higher ye year, respectively, customs data showed.

Iron ore price: have the bears got it wrong? | S&P Global Platts

But the consensus continues to be that iron ore prices will fall markedly in coming years. Most analysts see them dropping by roughly $5-$10/mt each year over the next four years, to an average of $95/mt in 2021, $85/mt in 2022, $$75/mt by 2023 and $70/mt in 2024. At this stage, Platts does not provide a formal iron ore price forecast.

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Gushing cash': iron ore miners a yield favourite

A soaring iron ore price has made the major iron ore miners an attractive option for yield-hungry investors, with alternatives scarce in the Australian sharemarket.

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Figure 18. Iron Ore Crusher Production Share by Manufacturers in 2020 Figure 19. Global Iron Ore Crusher Revenue Share by Manufacturers in 2020 Figure 20. Iron Ore Crusher Market Share by Company Type (Tier 1, Tier 2 and Tier 3): 2016 VS 2020 Figure 21. Global Market Iron Ore Crusher Average Price (USD/Unit) of Key Manufacturers in 2020 Figure 22.

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