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Currently, the iron ore prices have been rising rapidly in contrary to the background that the supply and demand in the iron ore market has been stable and the port inventory has also been at a high level. The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on February 23, 2022.
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Iron Ore 62% fe traded at 142.66 this Thursday February 24th, decreasing 0.30 or 0.21 percent since the previous trading session. Looking back, over the last four weeks, Iron Ore 62% fe lost 9.79 percent. Over the last 12 months, its price fell by 13.55 percent. Looking ahead, we forecast Iron Ore 62% fe to be priced at 138.54 by the end of this quarter and at 126.09 in one year, according to
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Currently, the iron ore prices have been rising rapidly in contrary to the background that the supply and demand in the iron ore market has been stable and the port inventory has also been at a high level. The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on February 23, 2022.
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Iron Ore 62% fe traded at 142.66 this Thursday February 24th, decreasing 0.30 or 0.21 percent since the previous trading session. Looking back, over the last four weeks, Iron Ore 62% fe lost 9.79 percent. Over the last 12 months, its price fell by 13.55 percent. Looking ahead, we forecast Iron Ore 62% fe to be priced at 138.54 by the end of this quarter and at 126.09 in one year, according to
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