Iron ore set to fall in 2020, but by how much?

ANALYSTS largely agree the iron ore price is unlikely to remain at current levels of about US$95 per tonne, but forecasts of how much it will fall by vary.

Iron ore set to fall in 2020, but by how much? Iron ore set to fall in 2020, but by how much? Iron ore set to fall in 2020, but by how much? Iron ore set to fall in 2020, but by how much? Iron ore set to fall in 2020, but by how much?

Iron ore production will depend on Vale's recovery, Chinese production and India's auction process, among other factors

Morgan Stanley said the price was showing no sign of easing yet as steel mills replenish stocks ahead of Chinese New Year, which starts this Friday.

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