CISA actually said that steel production would be marginally higher in. 21 than 20. But higher never the less. The CCP are the ones that said it would reduce the production.May to Oct are peak production for steel in China, so I expect prices to remain at these very elevated levels for some time. i can see the price of IO hitting $200 in the next couple of months. re rating soon?
Iron ore price, page-28626
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