Based on this data last 16 years Iron Ore price averaged $US97.43 a ton(hope my maths are correct), rest of the decade who knows but if all this stimulus and infrastructure being promoted by Governments worldwide is true then the next couple of years should average around the $US100 unless there is a significant oversupply of IO.
https://www.statista.com/statistics/282830/iron-ore-prices-since-2003/
Based on this data last 16 years Iron Ore price averaged...
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