Goldman Sachs forecasts a decrease in iron ore costs to $ 60 888011000 110888 Professionals of the American financial business Goldman Sachs Group Inc(NYSE: GS) think that iron ore costs might fall to $60 per ton in the next six months. Earlier, in December, the expense of iron ore increased by 11 %, revealing a record increase over the in 2015. At the exact same time, development did not stop even against the background of news about the problems in the economy of China, the largest consumer of raw materials. The present price of $75 per tonne, according to experts at Goldman Sachs, can not last for long. Because the development of quotes was partially caused by the storage of the metal on the eve of the brand-new year according to the Chinese calendar. Due to the increase in supply in 2019. The product has been supplied by InstaForex Business-www.instaforex.com

By | January 9, 2019

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