Iron ore prices still poised to fall

摘要

In the middle of January iron ore prices returned to their December level,reaching $68-69/t CFR China.Growing supply still remains a key factor sending down prices. Accordingto Metal Expert, in 2015 the most sizeable supply growth will be from Australia.sRio Tinto. The second largest supply increase in annual comparison will befrom BHP Billiton, whereas Brazil.s Vale plans relatively modest growth. Total?new? supply in 2015 is estimated at 80-90 million t.