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Iron ore will go back to $50, says Goldman Sachs

Valentina Ruiz Leotaud | November 28, 2017 | 5:38 pm Asia Australia China Latin America Iron Ore 

Goldman Sachs analysts expect iron ore prices to decline to $50 a tonne in 2018, as global supply increases due to Vale’s (NYSE:VALE) strategy to ramp up production at its giant S11D mine in Brazil, while China’s demand for the...

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