Oil / Finance

Will the steel market bears bite back in 2017?

From The Barrel Blog
January 11, 2017 - 4:52am

Consensus forecasts suggest iron ore delivered into China will average around $55-$60/dry mt this year, following the surprise upside seen in 2016 when prices finished up over 80\% and averaged at $58.45/dmt CFR. Last year prices were bolstered by higher than anticipated Chinese demand and lower than expected supply growth from majors, as well as […] The post Will the steel market bears bite back in 2017? appeared first on The Barrel Blog.



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