[Concall] POSCO "Iron Ore Prices Expected to Be in the Mid-100 Dollar Range in Early 2025"
[Asia Economy Reporter Park So-yeon] POSCO stated on the 23rd during a conference call, "We expect the iron ore price next year to be in the mid-$100s per ton in the first half, and to stabilize in the second half at the mid-$90s per ton compared to the first half."
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POSCO added, "China's demand is the most important factor for iron ore. We see China's demand as steady, and Brazil's supply is expected to improve. If the Chinese government strengthens winter environmental regulations, we anticipate a slight price decline in the fourth quarter compared to the third quarter."
This content was produced with the assistance of AI translation services.
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