Iron ore weakness to continue into 2025 and beyond, says Fitch Solutions’ BMI
Looking beyond 2024-2025, BMI analysts maintained their view that iron ore prices will likely follow a multi-year downtrend.
Irrespective of its 64% gain in first fiscal quarter, Coal India, the world’s largest coal miner, fears its second quarter growth would not be in the tune of former. The reason of it is said to be the upcoming wage-hike in the company.