Iron Ore Prices To Drop To $65/Tonne In 2016, $50 In 2018, AndT o $44 By 2021
May 13, 2017 at 11:56 AM EDT
In a revised outlook for the steelmaking raw material, BMI analysts say they expect iron ore prices to drop to $65 a tonne this year (down from a previous forecast price of $70), and to $44 within four years.
