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Iron ore could stay high for 5-7 years, says JP Morgan

The price of iron ore might not remain elevated for just another few months, it could stay high for another five-to-seven years, according to the most bullish of a series of remarkably enthusiastic investment bank research reports released in the past few days.

Iron ore could stay high for 5-7 years, says JP Morgan Iron ore could stay high for 5-7 years, says JP Morgan Iron ore could stay high for 5-7 years, says JP Morgan Iron ore could stay high for 5-7 years, says JP Morgan Iron ore could stay high for 5-7 years, says JP Morgan

'We struggle to see what releases the current pricing tension heading into next year': JP Morgan

J.P. Morgan led the way in what seemed like a competition to replace previously cautious comments about the iron ore outlook with a rash of optimism.