Iron ore prices can rise due to tariffs for several reasons:
1. Supply Disruptions – If a major producer or exporter faces tariffs, it may reduce supply in the global market, pushing prices higher.
2. Higher Production Costs – Tariffs on raw materials, equipment, or transportation increase the cost of iron ore mining and exporting, which can be passed on to buyers.
3. Trade Restrictions – If tariffs are imposed on competing materials (e.g., steel imports), demand for domestic production rises, leading to higher demand for iron ore.
4. Shifts in Trade Flows– Countries affected by tariffs may seek alternative suppliers, creating inefficiencies in the market that drive up prices.
Weekly chart
and my previous entry
1. Supply Disruptions – If a major producer or exporter faces tariffs, it may reduce supply in the global market, pushing prices higher.
2. Higher Production Costs – Tariffs on raw materials, equipment, or transportation increase the cost of iron ore mining and exporting, which can be passed on to buyers.
3. Trade Restrictions – If tariffs are imposed on competing materials (e.g., steel imports), demand for domestic production rises, leading to higher demand for iron ore.
4. Shifts in Trade Flows– Countries affected by tariffs may seek alternative suppliers, creating inefficiencies in the market that drive up prices.
Weekly chart
and my previous entry
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.