Iron ore forecasts for the five years through 2020 have been revised higher by the World Bank after the commodity rallied in the first quarter on a surge in steel prices in China, the largest user.
The raw material is expected to trade at $US50 a metric ton this year, $US51.50 in 2017 and extend gains to $US56.20 by 2020, the lender said in its latest quarterly commodities outlook. That compares with forecasts of $US42 for this year, $US44.10 in 2017 and $US51 by 2020, according to the bank's report in January, when it said it expected iron ore to post the biggest loss among metals this year.
Iron ore soared "in February-March on a spike in steel prices and restocking at Chinese mills ahead of the construction season" the bank said. "In addition, there were some disruptions to iron ore seaborne supply, which further tightened the market. Prices continued to rally in April driven by renewed growth prospects in China."
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Vendo uma fábrica de chapas de aço (unidade de laminação) U$ 380.000 posso enviar fotos e especificações, caso haja o interesse.
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