Home Iron ore prices of about $90/ton aren’t sustainable – Goldman Sachs

Iron ore prices of about $90/ton aren’t sustainable – Goldman Sachs

Updated: 8 Feb. 2019 | 05:27

Analysts at Goldman Sachs are out with their outlook on iron-ore prices, in the wake of the supply disruption concerns from Vale.

Key Quotes:

“Significant disruption’ to Brazil iron ore supply iron ore’s surge set to stimulate supply response.

Iron ore will drop back to $60/ton by 2021.

Iron ore prices of about $90/ton aren’t sustainable.”

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