Iron Ore Price Forecast | Is Iron Ore a Good Investment?
As of 6 January 2023, iron ore on the Singapore Exchange has gained 2.86% at $118.15/tonne in one year. Spot iron ore has declined nearly 5% year-over-year (YoY) to $114.97 as of the close on 5 January. Drivers to iron ore prices. While many factors influence iron ore prices, China remains the primary driver of the ore price.
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