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Citi downgrades iron ore, miners

June 19, 2017 - 10:21 -- Admin

File this one away under “driving through the rear vision mirror”:  Iron Ore: The Bear is Coming — 2017 iron ore price downgraded from US$70/t to US$61/t, 2H17 price reduced from US$62/t to US$49.50/t, and 2018 by US$3/t to US$50/t. After IF shutdowns drove increased blast furnace utilization and iron ore to >US$90/t in

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