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Investing.com -- Shares of iron ore miners have come under pressure in recent weeks amid speculation about potential steel production cuts in China.
Market concerns stem from reports suggesting that Beijing may target a reduction of up to 50 million tonnes in 2025, with further cuts in subsequent years. However, analysts believe the market reaction is overdone, as they do not expect mandated production restrictions this year.
RBC analysts expect crude steel production to decline due to lower d...
>>> Read more: Why are iron ore stocks falling
Market concerns stem from reports suggesting that Beijing may target a reduction of up to 50 million tonnes in 2025, with further cuts in subsequent years. However, analysts believe the market reaction is overdone, as they do not expect mandated production restrictions this year.
RBC analysts expect crude steel production to decline due to lower d...
>>> Read more: Why are iron ore stocks falling
