Will The Resilience Of Iron Ore Prices Last?, · Iron ore prices are the main driver of iron ore stocks and two key risks for the short term are moderating, including higher iron ore supply from Brazil and production curtailments outside of China. UBS prefers the less leveraged stocks and retains a Buy rating on BHP Group (( BHP )).Material Matters: Iron Ore, Oil And Base Metals, · Contestable high cost ore from China also adds about 200mtpa. Thus, the analysts do not expect the introduction of low-cost iron ore from Simandou to materially impact their long-term price estimate of US$55/t.Metal Profile: Iron Properties and Characteristics, · Wrought iron, which contains less than 0.25% carbon, is tough, malleable and easily welded, but it's much more laborious and costly to produce than low carbon steel. In 2010, global iron ore production was around 2.4 billion tonnes.
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