Matty Zhao of BofA Securities expects the impact of stimulus on China’s property sector will be short-lived, and that steel demand will decline again, leading to iron ore prices dropping to $90 in 2025.
Matty Zhao of BofA Securities expects the impact of stimulus on China’s property sector will be short-lived, and that steel demand will decline again, leading to iron ore prices dropping to $90 in 2025.