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.
I found an interesting dataset at the IMF of commodity prices going back to 1980.
What makes it interesting is to look at the longer-term price trends of some of the industrial metals you don’t often don’t see charted, such as aluminum, tin, lead, zinc, and nickel.