23/09/2014at 11:20

Analysis: New mines put pressure on the iron ore price

The already low prices on iron ore will come under additional pressure in the years ahead due to a growing supply of the commodity from many new mines, far surpassing the demand, says Nordea in its morning briefing.

BY LOUISE VOGDRUP-SCHMIDT

There is a significant pressure on the iron ore price, and it could increase further this year, says Nordea in its morning briefing.

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