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.
Iron ore miners and consumers in Karnataka, including NMDC, the country’s largest iron ore producer and JSW, India’s largest private sector steelmaker, will have to grapple with higher costs and lower production if the Supreme Court accepts the…