Home AUD bearish news: iron ore market could be oversupplied for next 2-3 years, says S&P

AUD bearish news: iron ore market could be oversupplied for next 2-3 years, says S&P

Published date: 12 Sep. 2018 | 05:03

Iron ore, one of the top exports of Australia, is likely to remain oversupplied in the next 2-3 years, according to ratings agency S&P.

So, it seems safe to say that other things being equal, iron ore prices may remain weak in the next couple of years.

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