Group 1 - Iron ore prices have fallen to their lowest closing price since September last year due to seasonal demand slowdown, with Citigroup lowering its price forecasts for iron ore [1] - The immediate 3-month price forecast has been reduced from $100 per ton to $90, while the 6 to 12-month target price has been cut from $90 to $85 [1] - China's average daily steel production in May was below April levels, marking a nearly 7% decrease year-on-year, representing the weakest May production since 2018 [1] Group 2 - Steel futures have been under pressure due to expectations of a slowdown in summer construction, with prices declining for four consecutive weeks, the longest streak since January [3] - Brazil, the second-largest exporter of iron ore, has increased its export volume, with May exports totaling 35.08 million tons, nearly setting a record for the month [3] - Concerns over the Israel-Iran conflict have led to declines in copper and other industrial metal prices, with copper prices falling to $9,674.50 per ton and aluminum prices to $2,508.50 per ton [3]
需求担忧挥之不去 花旗下调铁矿石价格预测
智通财经网·2025-06-17 06:48