Investing in ASX 200 mining stocks? Here’s Citi’s latest iron ore price forecast
Views : 276
Update time : 2023-04-26 16:48:28
ASX 200 mining stocks are eyeing the outlook for iron ore demand
The industrial metal hit recent lows below US$80 per tonne in November and highs above US$130 per tonne in March
Sluggish demand from China has seen Citi cut its short-term forecast for the iron ore price to US$100 per tonne, with a possible low of US$90 per tonne
