Iron ore is moving toward 2026 on a positive momentum, although analysts warn about a constrained upside potential. A new study from BMI shows elevated prices, yet a gradually loosening market owing to Simandou development in Guinea and a slower steel cycle in China.BMI projects an average iron ore price of $95/ton in 2026, slightly below the estimated $97/ton for 2025, Kallanish reported.  The slight decline is due to rising seaborne supply and macroeconomic pressures in China.The research firm highlights ...