Bloomberg with a report on a Goldman Sachs analyst on iron ore

  • "We think this market will go back to $35 during the fourth quarter"
  • "Our expectation is the oversupply in the iron ore market will return"
  • "Going into the second half of the year, what are you going to need to absorb all that iron ore supply?"

(The $35 forecast is for average prices in the final three months, and repeats a figure given by the bank in recent reports)

The full Bloomberg report is here