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Iron ore poised to hit US$150 in 2024 on Chinese stimulus, analysts say - Vimarsana News

Iron ore poised to hit US$150 in 2024 on Chinese stimulus, analysts say

BEIJING : Seaborne iron ore prices are set to climb to as much as US$150 per ton in the first half of 2024, according to analysts who have lifted their estimates on expectations of increased demand in China after recent stimulus measures.The price outlook compares with earlier estimates of US$130 per ton,