Back

Iron ore prices of about $90/ton aren't sustainable – Goldman Sachs

Analysts at Goldman Sachs are out with their outlook on iron-ore prices, in the wake of the supply disruption concerns from Vale.

Key Quotes:

“Significant disruption' to Brazil iron ore supply iron ore's surge set to stimulate supply response.

Iron ore will drop back to $60/ton by 2021.

Iron ore prices of about $90/ton aren't sustainable.”

EUR/USD: Focus on 200-week MA support, put bias strongest in 7.5 weeks

The EUR/USD pair is currently trading at 1.1342 - within striking distance from the 200-week moving average (MA), currently at 1.1326.  That long-ter
Đọc thêm Previous

RBI to cut rates by 25 basis points by mid-year - Reuters Poll

The Reserve Bank of India (RBI) is likely to cut rates by 25 basis points next quarter, according to a Reuters poll of economists.  Further, a slim m
Đọc thêm Next