Iron ore prices unlikely to fall below $100/t for long, if at...

Iron ore prices unlikely to fall below $100/t for long, if at all – Mobius, Terraco
Iron ore prices may correct further but are unlikely to fall below $100 per tonne in the near future or at least for a sustainable period, according to some speakers at Fastmarkets’ International Iron Ore conference in Dusseldorf, Germany.
Seaborne iron ore prices were around $146 per tonne on Tuesday June 7 amid stable demand from steelmakers, including those in China, despite the lifting of the Covid-19 lockdowns there.

'Green steel' premiums to become commonplace within the next decade
Additional premiums for low-carbon ‘green steel’ are currently still a bit of a niche market, but they will become the norm in the next three-to-10 years, according to panelists at Fastmarkets’ International Iron Ore conference in Düsseldorf, Germany, this week.“Green steel is a niche market because it’s fairly new, but it will eventually become a license to operate,” Anesan Naidoo, Anglo American's head of sales and trading (iron ore)