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Iron ore tightness to continue through H1, says RBC

The iron ore market will likely remain tight over the first half of 2021, with possible supply constraints in Australia in the wake of the Juukan Gorge disaster set to exacerbate matters further, Canadian bank RBC said on Thursday.

Staff reporter
RBC has singled out Vale as its top pick of the iron ore majors

RBC has singled out Vale as its top pick of the iron ore majors

RBC analyst Tyler Broda said while the medium term could prove less bullish, the combination of supply fears and higher than expected demand from China may delay any cooling off period. Broda said conditions...

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