Steel, Iron Ore Price: Mining Group ‘Cautiously’ Optimistic On China, Global Economy

Iron Ore price fell in April 2022 to a current level of 151.25, down from 152.07 last month and 179.83 one year ago. This is a change of -0.54% from the previous month and -15.89% from one year ago. Iron ore prices fell amid fears of the increasing number of cases of COVID-19 in Beijing, China.

Despite a ‘very good’ balance between supply and demand for the iron ore market, Rio Tinto CEO Ja...

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