ANZ Bank Is Bearish Towards Iron Ore Prices, Citing Four Big Headwinds In China, Including Real Estate Downturn

Th06 01, 2023, at 6:02 pm

Australia and New Zealand Banking Group (ANZ Bank) is bearish towards iron ore prices, predicting that they would drop to around $95/mt, citing the following reasons.

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SMM Daily Comments (Jun 1): Base Metals Mostly Rose with SHFE Aluminium Surging, Ferrous Metals Rose across the board, Iron Ore Skyrocketed
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ANZ Bank Is Bearish Towards Iron Ore Prices, Citing Four Big Headwinds In China, Including Real Estate Downturn

SMM Daily Comments (Jun 1): Base Metals Mostly Rose with SHFE Aluminium Surging, Ferrous Metals Rose across the board, Iron Ore Skyrocketed

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