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Forecast for ASX 200 iron ore shares in 2023: bull vs bear

Views : 63
Update time : 2022-12-09 17:22:49
  • ASX 200 iron ore shares have rallied over the past month as the iron ore price has surged
  • Citi believes China’s reopening and the Chinese government’s assistance to the property markets could see the iron ore price hit US$150 per tonne in 2023
  • CBA has a more bearish outlook, forecasting fairly flat steel demand and an iron ore price of US$100 per tonne
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