WA Economic Profile - March 2021
In October 2020, the iron ore price fell 3.2% to US$120 a tonne, and steel product prices rose 0.3%. The WA Government State Budget 2020-21 forecasts the iron ore price delivered to north China (including cost and freight) will average US$97 a tonne in 202021, before falling to US$64 a tonne from 2021-22 to 202324. Western Australia’s ................
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