Commonwealth Bank’s commodities team expect iron ore and coal prices to fall throughout the second half of this year as China’s steel demand eases due to a weak property sector.
Commonwealth Bank’s commodities team expect iron ore and coal prices to fall throughout the second half of this year as China’s steel demand eases due to a weak property sector. CBA’s Vivek Dhar says iron ore prices have tracked between 100 and 120 US dollars a tonne since late May.
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