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24 Aug
10:40

Trade tensions hurt mining, ore/coal prices to decline

Trade tensions between the US and China have clouded the outlook for the mining sector, with investor sentiment seen as the key factor affecting prices for the remainder of 2018, according to Fitch Ratings. Otherwise, underlying industry fundamentals in most mining sub-sectors remain generally positive. Fitch expects iron ore prices to decline during the second half of 2018 as around 30 million tonnes/year of additional seaborne supply comes on line from major p…
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