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Iron ore price recovery expected as deficit emerges

Iron ore prices are expected to recover meaningfully from current levels, with analysts at Bernstein forecasting increased demand and decelerating production over the 2019-2025 period.

Iron ore price recovery expected as deficit emerges Iron ore price recovery expected as deficit emerges Iron ore price recovery expected as deficit emerges Iron ore price recovery expected as deficit emerges Iron ore price recovery expected as deficit emerges

Bernstein analysts see iron ore demand outgrowing supply over the 2019-2025 period

The analysts, led by Paul Gait, said in a note Monday iron ore was not an ex-growth industry and they saw 2018 and its pricing levels of US$60-65 per tonne as the bottom of the cycle.