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Peak China steel output puts miners on notice

Iron ore prices are poised for a major correction in the second half of this year (H2), as steel output in China is entering its peak for the year and will not grow enough to absorb a recovery in global supply from producing countries hit by COVID-19.

Peak China steel output puts miners on notice Peak China steel output puts miners on notice Peak China steel output puts miners on notice Peak China steel output puts miners on notice Peak China steel output puts miners on notice

Iron ore prices are expected to fall in the second half of 2020