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jotace01 escribió:Australia cuts 2015 iron ore price forecast by 10%
Jun 30 2015, 09:48 ET | By: Carl Surran, SA News Editor Contact this editor with comments or a news tip
Australia's government cuts its price forecast for iron ore in 2015 by 10% to US$54.40/metric ton, a steep drop from the US$60.40 predicted three months ago and $94 forecast in January; for 2016, expectations call for iron ore at US$52.10 from a previous outlook for US$56.80.The government estimates the country's YTD earnings from exports of iron ore and other raw materials to China, Japan and elsewhere fell 11% to A$174B; three months ago, it predicted an 8% drop in exports to A$179B.The downside guidance is based on a weak outlook for China's steel sector, as production is expected to contract this year and next, while China's residential construction would remain stagnant;Outside analysts also blame over-estimates of China's appetite for imported ore by Rio Tinto (RIO -0.4%) and BHP Billiton (BHP -1.1%), as well as Brazil's Vale (VALE -2.1%), which continue to expand production.

http://seekingalpha.com/news/2606715-au ... 10-percent

mcl escribió:Espero poder llevar mas en U$S 6,05 hoy, ya cargué la orden.

miguel angel escribió:tanque a mi me da compra en 5.8