Iron ore prices may fall to $94 per tonne in 2026, consensus forecast shows

Post Views: 189 Iron Ore Prices Iron ore prices may fall to $94 per tonne in 2026 amid shifting fundamentals Iron ore prices may fall to $94 per tonne in 2026 due to changing global supply trends. Leading analysts expect the average China price to drop 7% from 2025 levels. Consequently, the forecast points to $94 per tonne versus $101 per tonne in 2025. Major banks and mining companies show a wide forecast range. Citi projects prices near $85 per tonne, while Vale sees $100 per tonne. Meanwhile, Goldman Sachs expects $93 per tonne, aligning with current futures. Notably, Singapore Exchange fut...